the savings bond program by lowering interest rates and closing its marketing offices. [2] As... Series EE [edit] $50 Series EE savings bond featuring George Washington Series EE bonds are...
Savings bonds are a way for you to lend money to the federal government and earn interest on the amount you loaned. ; Types of savings bonds include Series EE bonds, which offer fixed interest over the bond’s life, and Series I bonds, which are inflation-indexed bonds. ; Benefits of savings bonds include inflation protection, safety, tax advantages and accessibility while drawbacks include a lower rate of return compared to stocks and less liquidity.
Electronic or paper?, New EE bonds are electronic only. You must have a TreasuryDirect account to buy and manage new EE bonds. You may own a paper EE bond that we issued between 1980 and 2012. ; How does an EE bond for sale today earn interest?, principal . The new principal is the sum of the prior principal and the interest earned in the previous 6 months. Thus, your bond's value grows both because it earns interest and because the principal gets bigger. ; How long does an EE bond earn interest?, 30 years (unless you cash it before then) ; When do I get the interest on my EE bond?, Electronic EE bonds: We pay automatically when the bond matures (if you haven’t cashed it before then).
Current Rates ; Series EE Savings Bonds · 2.70% · For EE bonds issued May 1, 2024 to October 31, 2024. ; Series I Savings Bonds · 4.28% · This includes a fixed rate of 1.30% · For I bonds issued May 1, 2024 to October 31, 2024.
Non-marketable securities include savings bonds, issued to individuals; the State and Local... The system suffered from chronic over-subscription, where interest rates were so attractive...
Vault’s Viewpoint ; The current I bond interest rate is 5.27% for bonds issued between November 1, 2023, and April 30, 2024. ; Bonds are a low-risk investment strategy and can protect your savings from inflation. ; Bonds come with withdrawal restrictions and may not be the best choice when inflation is low.
Series EE savings bonds issued May 2024 through October 2024 will earn an annual fixed rate of 2.70% and Series I savings bonds will earn a composite rate of 4.28%, a portion of which is indexed to inflation every six months. The EE bond fixed rate applies to a bond’s 20-year original maturity. Bonds of both series have an interest-bearing life of 30 years. Rates for savings bonds are set each May 1 and November 1. Interest accrues monthly and compounds semiannually. Bonds held less than five years are subject to a three-month interest penalt ...
interest rates. Series I bonds don't share this guarantee. EE bonds Series EE savings bonds earn interest regularly for 30 years or until you cash them....
For instance, Series EE savings bonds are sold at 50% of their face value, and mature to... interest rates during that period. This makes them a reliable, low-risk investment option for...
This page is only about Series HH savings bonds. For other bonds: Cashing EE or I savings bonds · Cashing old bonds from other series ; For these special situations, you want a different page. Affected by a disaster · Death of a savings bond owner · Living estates (where a court has appointed a legal guardian for someone who owns bonds) · Trusts (where a trustee wants to cash savings bonds)