Buying a bond for a baby is a secure way to save for their future, as U.S. savings bonds are government-backed and can earn interest for up to 30 years. The most common types for children are (inflation-protected) and Series EE (guaranteed to double in 20 years). 1. How to Buy Bonds Electronically

To deliver the gift, you need the child's TreasuryDirect account number (provided by their parent/guardian) and Social Security Number.

Interest is exempt from state and local taxes. Federally, you can defer taxes until the bond is cashed or reaches maturity.

Bonds cannot be cashed for at least 12 months . If cashed before five years, you lose the last three months of interest.

Since January 2025, U.S. savings bonds are only available electronically through the TreasuryDirect website.

“Gifting savings bonds is a tried-and-true method of helping someone you care about save for the future.” Experian