Category - cumshot
Dear suzanne, series ee savings bonds issued in the 1980s and early 1990s have an original maturity of 20 years, and an extended maturity of 10 years, for a total of 30 years until the final. Electronic series ee savings bonds, purchased via treasurydirect, are sold at face value. Paper ee bonds, last sold in 2011, were sold at half of face value. To see if your bond has matured, start by looking at the series name on the upper right corner of the bond. If its a series e or series h bond, then its matured, as all of those bonds are no. Hes got a few ee savings bonds from the late 90s through 2005. Treasury recommends cashing all savings bonds that have reached final maturity because that is when they stop earning interest. However, the treasury has extended original maturity dates from 10 to 30 years, making it harder to know when final maturity occurs. Series ee savings bonds are among the safest investments in existence. If held to maturity, they also provide a very competitive return. What happens when a bond matures depends on the type of bond and the price you paid for it. A maturity date is like the due date on your rent or car payment because the bond issuer must pay off the bond on that date. Treasury bonds, you may have noticed some series ee savings bonds mature on different dates. Treasury has mostly phased out the issuance of paper savings bonds, many investors are familiar with paper bonds that are. For most bonds issued earlier than may 1, 1997, interest is added every six months. If you know the month and year when your bond was issued, the tables below will help you determine when interest is added to your bonds. Its a good idea to cash a bond in a month in which interest is added to its value.