Can I purchase Treasury securities as gifts?

Purchasing Treasury securities as gifts is indeed possible through TreasuryDirect.gov. The process allows individuals to buy savings bonds that can be gifted to someone else, making it a thoughtful present for occasions such as birthdays or graduations. The most common option for gifting is Series I or Series EE savings bonds, which can be purchased online through a TreasuryDirect account. When gifting these securities, it is important to provide the recipient's name and Social Security number during the transaction to ensure proper ownership transfer. Keep in mind that the recipient will need their own TreasuryDirect account to manage and redeem the bonds in the future. Alternatively, one can also gift paper savings bonds bought before 2012, but these require a bit more effort as they must be physically given to the recipient. For more detailed guidance on the process, it is recommended to visit the TreasuryDirect.gov website and explore their gifting information. This will help ensure that you understand the specific rules and requirements for gifting Treasury securities.