Q. Can I Series bond owned by LLC be used for education?
A. No. It must be in your name.
Q. Can an I Series bond owned by LLC be transferred to a 529 account?
A. No. Even though a rollover to a 529 plan counts as "education", you still have the same problem, it's not in your name.
Q. If I transfer the bond to myself, will the issue name be updated to me?
A. No, not for the education exclusion. The rules specifically require the original issue to be in your name.
