A Sad Demise,.S.
Bonds Bought May 2005 and After active Series EE Savings Bonds issue dated on or after May 1, 2005 will earn a fixed rate of interest for 20 years, at which time the bond should have reached it's face value.
For example, if you buy a bond and redeem it 24 months later, you'll get back your original investment and 21 months of interest.The Department of the Treasury sets the fixed rate for Series EE Savings Bonds administratively.And the Treasury stopped marketing savings bonds, maybe because the government was accumulating such huge debt by overspending that they didn't want to call attention to its need to borrow money.EE bonds worth just under 68 million.The Short-Term Rate is what is women's cinema launch applied to bonds for the first five years they are held.Will issue electronic savings bonds if you are, replacing Lost, bonds.It is filled with useful advice about valuing, managing, and cashing in your savings bonds at the appropriate time, so you get the maximum interest payment.These bonds have an original maturity period of 18 years.Yes, half of one percent - locked in for 20 years!This means that a bond investor will lose the last three months of interest accrued on the bond if he redeems the bond early.IRS Publication 550 states if a Series EE Savings Bond has come to final maturity, the interest earned by that bond should be reported in the year it came to final maturity.Savings Bonds if you have a Social Security Number and you're a: Resident of the United States.Interest is compounded semiannually.Gov website doesn't give the same thrill as the old, printed cardstock did.Government savings bond that is guaranteed to at least double in value over the initial term of the bond, typically 20 years.Savings bonds, go to easuryDirect.Paper, eE bonds, last sold in 2011, were sold at half of face value.The following chart shows the original term for Series EE Savings Bonds : Issue Date Original Term 01/80 - 10/80 11 years 11/80 - 04/81 9 years 05/81 - 10/82 8 years 11/82 - 10/86 10 years 11/86 - 02/93 12 years 03/93 - 04/95.There is also a limit to how much a bond investor can invest in the savings bond; the limit is set at 10,000 each calendar year for each Social Security Number.A Big Warning for Savings Bond Holders Some of the older EE and I bonds that carry high fixed base rates, plus semi-annual adjustments.They carried an interest rate.9 percent.
Series EE bonds issued after May 2005 are assigned a fixed coupon rate; rates are set twice per year on May 1 and November 1, and apply to all issuances for the ensuing six months.
(Note: All of the original Series E bonds have already reached final maturity, even though they were extended for 40 years, and Series EE bonds issued before June, swingers local 1984 have reached final maturity.) For more information.S.