Discuss this with your spouse and let him/her know of your intentions so there will no debate about.
Interest on your bond accrues during the life of your bond.
Series EE Savings Bonds issued May 1, 1995 through April 30, 1997, earn interest based on market yields for Treasury securities.Once married housewife looking for sex they've been held for five years, they become eligible for market-based rates.For example: A face-value 100 electronic EE bond is purchased for 100.See the current savings bond rates for bonds available for purchase.The rate is based on 10-year Treasury note yields and adjusted for features unique to savings bonds, such as the tax deferral feature and the option to redeem the savings bonds at any time after the initial holding period.M has saved Savings Bond investors like yourself hundreds of dollars at cash-in because the bank calculated the wrong value for their bonds.When the bond matures, the owner receives 100 percent of the face value.Bonds Bought May 1995 Through April 1997.If your Series EE savings bond was issued between May 1997 and April 2005, you receive interest on the savings bond each month.If your Series EE bond was issued prior to May 1997, interest on the bond is added each six months.Unlike other securities, minors may own.S.If you purchased savings bonds in the 1980s to early 1990s, your savings bonds maturity date was originally 20 years but provided the option of extending the maturity to 30 years.This is referred to as the original maturity date.For instance, if your Series EE savings bond was issued in February 1990, the interest date of your bond occurs each August 1/February.Savings Bonds if you have a Social Security Number and you're a: Resident of the United States.Bonds Bought May 1997 Through April 2005.Tax Rules and Advantages Series EE Savings Bond interest earnings are reportable for Federal income tax purposes for the year in which the bonds are redeemed.Using Savings Bonds Tax-Free for Education An EE Savings Bond owner or co-owner may be able to exclude from income for Federal income tax purposes all or part of the earnings received on the redemption of qualified Savings Bonds (including Series EE Savings Bonds) during.If youd like to monitor savings bond value and want to know how to check your savings bond value, its relatively simple.
You receive a fixed interest rate and receive compounded interest on a semiannual basis.
Bonds will continue to earn interest from 17 years through 30 years at the rates then in effect.
As of 1/1/2012, the Treasury Department started issuing electronic savings bonds only.