How much is my Series E bond worth?

To find what your paper bond is worth today:

1. Click the ‘Get Started’ Link on the Savings Bond Calculator home page.
2. Once open, choose the series and denomination of your paper bond from the series and denomination drop down boxes.
3. Enter the issue date that is printed on the paper bond.
4. Click the ‘Calculate’ button.

Do Series E bonds expire?

Earlier bonds actually had maturity terms that were shorter than today’s 20-year maturities. The maturity date is the point at which the U.S. government promises to pay you double the face value of the bond, regardless of the yield. “All Series EE bonds expire in 30 years,” Pendergast says.

How long does it take for a Series E savings bond to mature?

30 years
All Series EE Bonds reach final maturity 30 years from issue. All Series EE bonds reach final maturity 30 years from issue. Series EE savings bonds purchased from May 1995 through April 1997 increase in value every six months. The interest rate is compounded semiannually.

What is the interest rate on Series E savings bonds?

0.10%
FOR RELEASE AT 10:00 AM. Effective today, Series EE savings bonds issued May 2021 through October 2021 will earn an annual fixed rate of 0.10%.

How much is a $50 EE savings bond worth after 30 years?

For example, if you purchased a $50 Series EE bond in May 2000, you would have paid $25 for it. The government promised to pay back its face value with interest at maturity, bringing its value to $53.08 by May 2020. A $50 bond purchased 30 years ago for $25 would be $103.68 today.

How do I cash Series EE bonds?

How do I cash my EE and E bonds? Log in to TreasuryDirect and follow the directions there. The cash amount can be credited to your checking or savings account within two business days of the redemption date. You can cash paper EE and E bonds at most local financial institutions.

How do I avoid paying taxes on EE bonds?

You can avoid paying taxes on interest earned by Series EE and Series I savings bonds when you redeem them if you use the money toward qualified higher education costs for yourself, your spouse, or any of your dependents.

Can savings bonds lose value?

Since U.S. savings bonds are backed by the U.S. Treasury, they’re often considered one of the lowest-risk investments in the world, meaning you will never lose any of your principal investment. But this low-risk also means they provide a low return on interest.

Do EE bonds still double?

What interest will I get if I buy an EE bond now? The annual interest rate for EE bonds issued from May 2021 through October 2021 is 0.10%. Regardless of the rate, at 20 years the bond will be worth twice what you pay for it.

What is better Series EE or I bonds?

According to the Treasury Department, if an I bond is used to pay for qualifying higher educational expenses in the same manner as EE bonds, the related interest can be excluded from income. Since the advent of series I bonds, interest rates and inflation rates generally have favored them over EE bonds.

What happens to EE bonds after 30 years?

EE bonds earn interest until they reach 30 years or until you cash them, whichever comes first. You can cash them after 1 year. But if you cash them before 5 years, you lose the last 3 months’ interest. (For example, if you cash an EE bond after 18 months, you get the first 15 months of interest.)

How do I avoid taxes when cashing in savings bonds?

When do Series E bonds fully mature?

Series E bonds bought between May 1941 and November 1965 mature in 40 years, but if you bought the same type of bond between December 1965 and June 1980, it would mature in 30 years. All EE bonds mature in 30 years.

What is the interest rate of Series E bonds?

Rates paid on series EE bonds are set twice a year, in May and November, and remain the same for all bonds issued during the following six-month period. As an example, for the six months ending April 30, 2019, the interest rate on Series EE bonds was 0.10%.

How do I cash a series bond?

Redeem your electronic EE bonds by logging in to your Treasury Direct account and clicking on the Manage Direct tab. Locate and click “Redeem Securities” under “Manage My Securities.”. Click the button for EE bonds and submit. You can choose up to 50 EE bonds per transaction. Select the EE bond or bonds you wish to cash, and follow the instructions.

What to do if you lost a series I savings bond?

For Series I savings bonds (as well as series EE bonds) that are lost, destroyed, or stolen, you’ll need to file a written claim with the Bureau of the Fiscal Service by filling out FS Form 1048. You’ll need to have your signature certified according to the instructions included on the form.