If youd like to monitor savings bond value and want to know how to check your savings bond value, its relatively simple. When an i or e savings bond matures is it worth more than the face amount u. Savings bonds were promoted and marketed by the united states of america government as war bonds from 1941 to 1980. With savings accounts paying an annual return of 1% to 2%, money market funds yielding less than 3%, and certificates of deposit offering annual returns of 3% to 4%, investors seeking liquidity, safety, and income found an alternative in series i savings bonds. Savings bonds are a way for average americans to buy u. Savings bonds came on the scene shortly before world war ii as a safe, secure longterm investment backed by the. Store savings bond information you enter so you can view it again at a later date. Collectible united states savings and treasury bonds buyers.
The calculator will price series ee, series e, and series i savings bonds, and savings notes. To determine the value of your old bonds, you can use the savings. Series ee bonds dated january 1980 through march 1985 and series hh bonds dated january 1980 through march 1995 have also reached full maturity. This article will help you understand how to invest in us series ee savings bonds, how exactly does it works and what are the most important pros and cons of ee bonds as an investment. Check or calculate the value of a savings bond online. When an i or e savings bond matures is it worth more than the. Nov 20, 2019 the series i savings bond from the united states treasury is a great way for new investors to protect themselves from inflation. The treasury department sells the electronic series ee savings bonds at face value. Why savings bonds are a secret weapon for small investors. Series i savings bonds are issued at face value and pay a composite return composed. The series i savings bond from the united states treasury is a great way for new investors to protect themselves from inflation. Oct 17, 2019 series ee savings bonds are guaranteed to double their value over the term of the bond usually 20 years and cannot be purchasedsold in the open market, making them a nonmarketable security.
Find out what your savings bonds are worth with our online calculator. Series ee and i are intended to be savings bonds, and series hh is intended to be an investment bond. Among savings bonds that have fully matured and stopped earning interest are entire series of older bonds such as a through d, f, g, j and k. As with series ee bonds, if you redeem series i bonds in the first five years, youll forfeit the three most recent months. How much is my savings bond worth if it was purchased in 1991 for 100 ee bond calculator current values of ee savings bonds online savings bonds. Series ee bonds, the common variety first issued in 1980and still being. Series ee savings bonds are guaranteed to double their value over the term of the bond usually 20 years and cannot be purchasedsold in the open market, making them a nonmarketable security. The value of a series ee bond is based on the original face amount and the date the bond. Features include current interest rate, next accrual date, final maturity date, and. You can purchase them at banks, through payroll savings plans and directly from the treasury at the treasury direct website.
How to calculate the value of a series ee savings bond. Why you should invest in series i savings bonds bonds. If youre planning to cash in savings bonds, do so with care. The inflationindexed version pays a fixed amount plus an amount adjusted every six months according to the consumer price index. The series ee bond is a nonmarketable, interestbearing savings bond issued by the u. When an i or e savings bond matures is it worth more than. For both types of series i bonds, the interest rate is announced twice annually. Mar 22, 2012 the effective interest rate on ee series savings bonds had to be a lot more than 0. Although the series i bonds are a type of zerocoupon, savings bond, meaning you wont receive interest checks in the mail but rather your interest income will be added to the value of the bond and compound until you sell the savings bond back to the united states. Treasury direct offers a savings bond calculator to check the value of savings bonds by denomination and type. Giving savings bonds as gifts pay for education see. Theyre purchased at a discount to their face value, and accrue interest monthly based on a fixed rate at the time they. The effective interest rate on ee series savings bonds had to be a lot more than 0. Paper series ee bonds are initially worth half of the face value of the bond.
What is it worth series ee bonds are savings certificates issued by the u. In subsequent years, bonds are worth the purchase price plus earned interest, which accrues monthly. Series i bonds offer a fixed rate of interest, adjusted for inflation. Issued by the department of the treasury, series i bonds are lowrisk bonds that grow in value for up to 30 years. You can use your refund to buy savings bonds and designate ownership or coownership for someone else, such as a child, grandchild or anyone, or elect a beneficiary using form 8888. United states savings bonds are debt securities issued by the united states department of the treasury to help pay for the u. Mar 06, 2020 for series ee bonds, the treasury makes a onetime adjustment to twice their face value on the 20th anniversary of their issue date, as the treasurydirect. Collectible united states savings and treasury bonds. Series ee savings bond purchased prior to may 1, 2005 simply looking. How to calculate the value of your us series ee savings bond. Dec 26, 2018 series i savings bonds are intended to do exactly what their name implies offer a savings vehicle that earns interest in the form of debt to the issuer the u. The treasury department guarantees that the redemption value of a series i.
All you need is your bond s serial number, issue date and series. The calculator will price series ee, series e, and series i savings bonds. Treasury stopped issuing series e savings bonds in june 1980 and replaced them with series ee bonds. Use series i savings bonds to protect against inflation. The series ee bond is a nonmarketable, interestbearing u. The value of a savings bond is tricky to calculate on your own. Individual savings bond value files treasurydirect. Calculating the value of your us savings bond fiscal tiger. Mar 28, 2017 united states series ee savings bonds are a popular gift for special occasions, available for purchase in person for half the maturity value or online for the full maturity value. Series e savings bonds were initially sold by the u. Find out how to check and calculate the value of a savings bond online.
May 09, 2018 how much is my savings bond worth if it was purchased in 1991 for 100 ee bond calculator current values of ee savings bonds online savings bonds. Savings bonds with a portion or all of their tax refunds. Calculate the value of your paper savings bonds treasurydirect. Thankfully, there are simple and easy tools to help.
Series i savings bonds, do i need to have previously set up an account with the treasury department. An interesting feature of the e series savings bonds purchased in 1999 is that the government guarantees that the bond will be worth its face value at 17 years. Series i savings bond financial definition of series i. Features include current interest rate, next accrual date, final maturity date, and yeartodate interest earned.
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. Along with the series e type of bonds, there is also the series i. Why you should invest in series i savings bonds bonds us news. May 30, 2019 learn how series ee savings bonds from the government can help grow your savings and when you should cash them out for the maximum return.
Aug 31, 2014 many people who purchased series ee bonds long ago have savings bonds worth far more than the face value of the bond because of the many years of accumulated interest accrual. Learn how series ee savings bonds from the government can help grow your savings and when you should cash them out for the maximum return. After 30 years, its time to cash bonds bought in 1986. Series i savings bonds are intended to do exactly what their name implies offer a savings vehicle that earns interest in the form of debt to the issuer the u. This table compares the value of your bonds from one year to the next and will help. If i want to use part or all of my refund to buy u. Check or calculate the value of a savings bond online the balance. Series i savings bonds what they are and how to buy them. The warning is that you must pay taxes on the accrued income in the year in which the bonds mature even if you dont cash them in. Jun 15, 2010 it has reached final maturity, which means it has not earned any interest since january of this year. How long will it take for a savings bond to reach its face value. Steven terner mnuchin was sworn in as the 77th secretary of the treasury on february, 2017.
Savings bonds calculator series ee savings bonds faq. The interest rate for series i savings bonds combines two separate rates. Either way, you cannot tell the current value of a u. Savings bonds calculator series ee savings bonds faq bankrate. As with series ee bonds, if you redeem series i bonds in the first five years, youll forfeit the three most.
During wwii, government bond rallies were held throughout the country with famous motion picture celebrities to help promote the bonds. It is not getting rarer except that you cannot buy series e bonds anymore. What is the value of a 1976 series e us savings bond answers. Series ee series i savings bond redemption value tables. It has reached final maturity, which means it has not earned any interest since january of this year. These savings bonds are issued at the full face value and offer a variable rate of interest that is tied directly to the current level of inflation. You should redeem it now and invest the money in a new savings bond or other investment vehicle. How long does it take for series ee savings bonds to reach face value the united states treasury department used to sell series ee bonds at half the face value with the promise that the bond. Series i savings bond in the united states, a savings bond with either a fixed interest rate or an inflationindexed interest rate. How long does it take for series ee savings bonds to reach. It will be worth its full value when it becomes eligible for redemption. How to calculate the value of your paper savings bonds. Calculate the value of a bond based on the series, denomination and issue date entered.
Series ee bonds series ee bonds are the most common type of savings bond. Savings bond value files can be used by programmers who develop applications to calculate current redemption values of series ee savings. Calculate the current value of any ee bond using the treasury direct link in resources. Savings bonds are a great way to start or increase your overall savings. How to cash in a series e war savings bond the motley fool. Savings bonds are considered one of the safest investments that you can buy, because they are backed by the full faith and credit of the u. For series ee bonds, the treasury makes a onetime adjustment to twice their face value on the 20th anniversary of their issue date, as the treasurydirect. Ee savings bonds one of the popular products of the united states treasury department. United states series ee savings bonds are a popular gift for special occasions, available for purchase in person for half the maturity value or online for the full maturity value. Many people who purchased series ee bonds long ago have savings bonds worth far more than the face value of the bond because of the many years of accumulated interest accrual.
1012 764 1215 690 590 563 258 1112 758 1481 972 371 6 751 305 1527 386 84 1339 680 1500 396 1492 4 847 1499 1188 519 880 316 1272 1257 1451 470 1024 47 1065 574 690