Interest earned by U.S.Series EE Savings Bonds is free from state income taxes. All or some of the interest may also be free from federal income taxes if the bonds are used for qualified higher education expenses. The exclusion from federal tax is subject to an income phaseout. The bonds must be registered in the parent's name and the qualified higher education expenses must be incurred during the same tax year in which the bonds are redeemed.
*Not offered through MassMutual or MML Investors Services, LLC