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. Paper series ee bonds are purchased for half their face. United states savings bonds are nonmarketable treasury securities which have been sold continuously since march 1935. Value of united states ee savings bonds pocketsense. Program rules, interest rates, maturity dates, and other information related to savings bonds. Series ee bonds, the common variety first issued in 1980and still being issued. 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. 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. Individual comparing series ee and series i savings bonds. Series ee savings bonds have a total maturity period of 30 years from the issue date, consisting of an original maturity period and one or two periods of extended maturity, which vary depending on the.
The redemption tables in this publication allow you to find the values and interest earned for series ee savings bonds, series e savings bonds, series i savings. United states savings bonds series e before 1980 and series ee after, including patriot bonds see below are issued on a noninterest bearing discount basis. Series ee bonds, sometimes called patriot bonds after 2001, differ from. Series ee bonds are guaranteed to double in value over the purchase price when they mature 20 years from issuance, though they. If you hold an electronic series ee or series i bond in treasurydirect, you can find the bond s current value there. Department of treasury through the bureau of the public debt. You can buy ee bonds and i bonds in electronic format in treasurydirect.
United states savings bonds planning consideratinos. Money bonds bonds types government bonds united states savings bonds. This calculator will price series ee, e, and i bonds and can show you. With that in mind, here are five things you should know about the tax treatment of series ee bonds. Value of united states ee savings bonds savings bond denominations.
When americans refer to war bonds, they are usually referring to. Calculate the value of a bond based on the series, denomination and issue date. Understand the base value of e bonds and how to calculate the accrued interest. How to calculate the value of your us series ee savings. The series ee bond is a nonmarketable, interestbearing u. Series ee bonds cannot be redeemed for the first year after. Series ee bonds were brought out in 1980 to replace the series e. After 30 years, its time to cash bonds bought in 1986.
Savings bonds calculator series ee savings bonds faq. Treasury currently offers two series of savings bonds. When you buy the bond, you know what rate it will earn for at least the first 20 years. The committee on foreign investment in the united states cfius exchange stabilization fund. How long does it take for series ee savings bonds to reach. If you own series ee bonds, use the savings bond calculator on the treasury direct site to calculate your savings bond value. When an i or e savings bond matures is it worth more than. Use the below calculators to find your bond s current value. Savings bonds came on the scene shortly before world war ii as a safe, secure longterm investment backed by the.
Ee bonds earn interest until they reach 30 years or until you cash them, whichever comes first. Series ee bonds are savings certificates issued by the u. You can buy paper i bonds with your irs tax refund. Treasury stopped issuing series e savings bonds in june 1980 and replaced them with series ee bonds.
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. Treasury bonds, you may have noticed some series ee savings bonds mature on different dates. How to calculate the value of your paper savings bonds. Savings bond basics two general types of bonds are currently sold by the savings bond division of the department of treasury.
This means that the rates on ee bonds are based on rates set by. United states savings bonds how do i calculate us savings bond values. Us treasury savings bond calculator first state bank. Interest is added to an ee bond monthly and paid when you cash the bond. 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. The calculator will price series ee, series e, and series i savings bonds, and savings notes. The us treasury produces two types of savings bonds. Store savings bond information you enter so you can view it again at a later date. Introduction to savings bonds united states department.
Federal register united states savings bonds, series ee. First, determine if any of your eeseries bonds are below 17 years old, or 20 if issued after may 2003. How long does it take for series ee bonds to mature. Check or calculate the value of a savings bond online. Savings bond calculator no comments if you have ever wondered how savings on your bond are calculated, you will be surprised to know just how simple it is to calculate the value of a savings. Although they no longer earn interest, they are still redeemable, states treasurydirect. Series ee bonds, the common variety first issued in 1980and still being issued today, were designed to pay interest for up to 30 years. The value of a series ee bond is based on the original face amount and the date the bond was purchased. Find out what your savings bonds are worth with our online calculator.
Ee bonds current ee bond values, ee bond calculator. Check or calculate the value of a savings bond online the balance. Savings bonds were introduced as a means of encouraging broad public. Savings bonds are an appreciationtype or accrualtype savings security. The current value of an ee bond depends on when the ee bond was issued and when you plan on redeeming the bond. Series e bonds, known as defense bonds or war bonds, were replaced by ee bonds in 1980. Once an ee bond is 12 months old, it can be redeemed for cash. What you must know about taxation of ee series bonds ed. Ee bonds we sell today earn the same rate of interest a fixed rate for up to 30 years. Steven terner mnuchin was sworn in as the 77th secretary of the treasury on february, 2017. When an i or e savings bond matures is it worth more than the face amount u.
Calculate the value of your paper savings bonds treasurydirect. For series hh bonds, see redeeming cashing series hh savings bonds after youve held them for 12 months, you can simply take them to your local bank. Ee bonds purchased between may 1997 and april 30, 2005, earn a variable rate of interest. Select the link below for a pdf of the current earnings period values. Also, savings bonds are nonmarketable, which means they are registered to a specific owner and cannot be. Unlike the other types of treasury securities, savings bonds can be owned by kids. Cashing in a savings bond series ee or series i is relatively easy.
Paper series ee bonds are purchased for half their face value. United states savings bonds are a type of government debt which is issued by the u. Series ee bonds are savings certificates issued by the united states treasury. Series ee savings bonds that have been issued since may 2005 pay.
The series ee bonds are the fixedinterest savings bonds now. There is no state or local income tax on the interest. The series ee savings bonds pay interest equal to 90 percent of the average 5year treasury securities yield for the preceding six months. For series ee and series i savings bonds, we no longer issue substitute bonds. Collectible united states savings and treasury bonds. Since savings bonds have a few unique advantages, however, theres a bit more to consider.
The treasury department guarantees that the redemption value of a series i. You can purchase them at banks, through payroll savings plans and directly from the treasury at the treasury direct website. Calculate the value of a bond based on the series, denomination and issue date entered. Features include current interest rate, next accrual date, final maturity date, and yeartodate interest earned. Treasury guarantees that an investment in a series ee bond will double in value after 20 years. Savings bonds are a way for average americans to buy u.
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