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All electronic savings bonds can be purchased in any amount from $25 to $10,000, while paper bonds are limited to $50, $100, $200, $500 and $1,000 denominations. The maximum that can be purchased ...
Savings bonds come in two versions: Series EE and Series I. Series EE: These bonds have a fixed interest rate for the life of the bond. Series I: These bonds earn interest at a composite rate that ...
The U.S. Treasury stopped issuing most paper savings bonds in 2012 (with the exception of taxpayers who use some of their tax refund to purchase paper bonds), but they never expire and there’s ...
Discontinued paper Series EE savings bond from 1983, with serial number in punched card format. Treasury stopped selling paper Series EE and I savings bonds on December 31, 2011, requiring people to use the TreasuryDirect website to purchase them, except for paper Series I bonds purchased using a tax return. [8]
For paper Series I Savings Bonds purchased through IRS tax refunds the purchase limit was $5,000, in addition to the online purchase limit. [ 20 ] Individuals who own either type of bond must have a Social Security number and be either a United States citizen, a legal United States resident, or a civilian employee of the United States ...
President Franklin D. Roosevelt buys the first Series E bond (May 1, 1941) Photo mural promoting the purchase of Defense Bonds, in the concourse of Grand Central Terminal (December 1941) The first savings bonds, Series A, were issued in 1935 to encourage saving during the Great Depression. They were marketed as a safe investment that was ...