You can redeem a savings bond as soon as one year after purchase and receive the money the same day.
If youre planning to cash in savings bonds, do so with care.
If you bought Series EE savings bonds between March 1995 and April 1995, your bond interest is applied in March and September (for March issuance) and April and October for April issuance.Series EE Redemption Restrictions, you cannot cash or redeem series EE savings bonds during the first 12 months after purchasing them.If you remember the month and year of your Series EE bond issuance, you can use Treasury Direct tables to calculate when ford escort courier dane techniczne interest is added to the savings bond.You receive interest upon redemption of bonds.Inflation indexing occurs semiannually on Series I savings bonds.The final maturity date of a savings bond is 30 years after issue.For example, if you buy your bonds in January 2013, you can't redeem them before January 2014.In 2016, your bond would stop earning interest.Series I bonds are a lower-risk savings bond product.Savings Bond Maturity, series EE savings bonds have two dates, which can be considered as maturity dates.Original Maturity Date, series EE bonds will double in value no more than 17 years after you buy them.
Prior to September 1, 2004, you also had the option to trade them in for Series HH bonds, which allowed you to continue to let the interest accrue tax-free for another 20 years.
If the interest hasn't doubled the value, the Treasury makes a one-time adjustment to increase the EE bond's value.
Savings bonds issued in February or August during these years earn interest in February and August.
If you bought Series EE or E bonds issued in December 1965, these bonds stopped earning interest in December 1995.
For Series EE savings bonds issued between May 1st, 1997 and April 30th, 2005, however, this is not the case.
Savings Bond Value and Series EE Semiannual Accrual Dates.
You receive an IRS Form 1099-INT to report your interest income for tax purposes.If you cash a bond early, the money you receive could be significantly less than the face value.Savings bonds issued in June or December during these years earn interest in June and December.EE bonds are guaranteed to double after a certain period of years.The rate is set at the time you buy it and doesn't change over the life of the bond.Also, savings bonds grow tax deferred.Lets review some of the basics about how to evaluate savings bond value.If you've read this far, you already know that Series EE bonds offer a fixed interest rate to investors.Saving Bond Value and the Savings Bond Calculator.If a you redeem a bond a few months before the 20-year point, you may miss out on a significant amount of interest.Savings Bond Value: Series EE Savings Bonds.Its best to cash in the bond after these dates.Savings bonds are intended to be long-term savings vehicles.