You may want to consult a tax advisor to determine your eligibility for the Education Savings Bond Program.
H/HH Bond Roll-over H/HH Savings Bonds are no longer issued.Bonds issued after this date increase in value monthly, but interest payments are semiannual.Get more news, money-saving tips and expert advice by signing up for a free Bankrate newsletter.Since EE find sex easy bonds earn interest for up to 30 years, the longer the bonds are held, the more they are worth.Buying Electronic Series EE Savings Bonds.There are a handful of additional eligibility requirements to investing in United States Series EE savings bonds.
The Department of the Treasury sets the fixed rate for Series EE Savings Bonds administratively.
Restrictions apply see the Education Planning page on the TreasuryDirect website for more information.
These bonds earn interest for 30 years.Bonds Bought May 1995 Through April 1997.Please note the following for bonds issued in the respective periods: Bonds issued before November 1982, these bonds, earning interest for up to 30 years, are earning interest at either guaranteed or at market-based rates, whichever produces the higher redemption value.They are identical in every way to the paper Series EE Bonds except that any paper bonds purchased through a financial institution after December 10, 2001 have the words "Patriot Bond" printed on the top half of the bond between the Social Security Number (SSN).Paper EE bonds were re-issued as Patriot Bonds after the September 11, 2001 terrorist attacks.US citizens, official US residents, and US government employees (regardless of their citizenship status) can buy and own EE Bonds.The Series EE savings bonds work differently depending upon whether you own electronic EE savings bonds or paper Series EE savings bonds.When you buy a Series EE savings bond, you are lending money to the United States government.Ask the adviser To ask a question.Physical Paper Certificate Series EE Savings Bonds.How to Buy Series EE Savings Bonds.
Penalties for Cashing Out of Series EE Savings Bonds If you sell your Series EE savings bonds back to the government within five years of investing, you lose the interest income you were owed for the most recent 3 months.