If you decide to redeem your savings bond, you can cash in the bond at a bank or by mail.
If youre interested in cashing in Series I savings bonds, you may redeem the bonds any time after a 12 month initial holding period.
Series EE bonds are purchased at a discount of face value.
According to Treasury Direct, you need to know pay for sex hartlepool the month and year of your Series EE savings bonds to calculate savings bond value: If you bought Series EE savings bonds issued prior to March 1993, your interest is paid in March and September.When the bond matures, the owner receives 100 percent of the face value.You receive interest upon redemption of bonds.Its best to cash in the bond after these dates.The savings bond calculator shows the interest earned, current value, interest rate, annual yield, next interest date, and final maturity date.In this example, if you cash in the bond in July and the bond is due to receive an interest payment in a few weeks, you wont receive a portion of the interest.If youre wondering how to check your Series I savings bond value, its also a relatively simple process.If you own Series EE bonds, use the savings bond calculator on the Treasury Direct site to calculate your savings bond value: enter face value, issue date, and price at purchase.If the owner of Series EE bonds decides to extend the maturity date, Series EE bonds continue to earn interest under the extension period terms.You receive a fixed interest rate and receive compounded interest on a semiannual basis.If your Series EE savings bond was issued on May 2005 or later, interest on the savings bond is added each month.Savings Bond Value and Series EE Semiannual Accrual Dates.If your Series EE savings bond was issued between May 1997 and April 2005, you receive interest on the savings bond each month.In 2016, your bond would stop earning interest.Once you input your savings bond(s) into Treasury Directs savings bond calculator, you can save them to check savings bond value in the future.
If you bought Series EE or E bonds issued in December 1965, these bonds stopped earning interest in December 1995.
Savings bonds issued in February or August during these years earn interest in February and August.
Savings bonds issued in January or July during these years earn interest in January and July.