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Contributor

I WISH TO CASH SOME EE BONDS AND USE THE PROCEEDS TO PAY FOR MY GRANDSON'S COLLEGE EDUCATION.   I THINK THE INTEREST IS TAXABLE TO ME SINCE I AM THE OWNER; EVEN THOUGH I USE THE PROCEEDS FOR HIS EDUCATION EXPENSES.  PLEASE VERIFY.

THANKS .

 

 

1 REPLY

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Hello @rueben. We are only able to redeem savings bonds in the main bank lobby of USAA.

 

You can call 844-284-2676 or review the following website www.treasurydirect.gov for more information on redemption. -Colleen