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Savings bonds

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JennChris
life moves fast

Member since 5/05

4225 total posts

Name:
Jenn

Savings bonds

I'm taking my Ex's name off my sons Savings Bonds...
Should I be the co-owner or the beneficiary (POD)?? ... I don't understand the difference..
Thanks!

Posted 12/29/06 2:22 PM
 
Long Island Weddings
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MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Savings bonds

if you are the co-owner, you own the bond now.

if you are the POD, you only obtain ownership if the owner dies.

Posted 12/29/06 2:33 PM
 

JennChris
life moves fast

Member since 5/05

4225 total posts

Name:
Jenn

Re: Savings bonds

Posted by Meaghan729

if you are the co-owner, you own the bond now.

if you are the POD, you only obtain ownership if the owner dies.


Gotcha! Thanks!Chat Icon

Posted 12/29/06 2:37 PM
 
 

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