Savings Bonds Quiz
Quiz
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Other
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Professional Development
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Medium
alicia rojo
Used 1+ times
FREE Resource
28 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Savings bonds are exempt from state and local taxes (except for estate or inheritance taxes).
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest earnings are subject to Fed income tax.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Savings bonds are sold by the government and earned interest up until they are cashed.
True
False
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are all of the things you are supposed to check on the FRONT of a bond?
Owner of the bond
Co-owner or beneficiary
Address
Issue Date
SSN
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the three things tellers supposed to write on the front of the bond?
Total Amount Paid
Teller Number
Client's ID method
First initial, last name
Interest Earned
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can we cash bonds for non-clients?
Yes
No
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Non-client bond redemption limit is a $1,000 max, including interest per transaction/day.
True
False
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