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Maturity dates for Series EE bonds. If you purchase a Series EE bond today, you are guaranteed to earn a fixed interest rate for 20 years, which is when the bond matures. At 20 years, the ...
If not redeemed at maturity, the bonds would continue earning interest for a total of 40 years if issued before December 1965, or for 30 years if issued in December 1965 or later. Series E was replaced by Series EE bonds in 1980, and the last issued Series E bonds ceased earning interest in 2010.
Another feature of the Series EE savings bond is that you can also keep the bond beyond its maturity date. Bond holders continue to earn interest for up to 30 years, making the bond even more ...
Savings bonds are currently offered in two forms, Series EE and Series I bonds. Series EE bonds pay a fixed rate but are guaranteed to pay at least double the purchase price when they reach initial maturity at 20 years; if the compounded interest has not resulted in a doubling of the initial purchase amount, the Treasury makes a one-time ...
Series E bonds are no longer issued. Series EE bonds Series EE bonds were first issued in 1980 and continue to be issued today. These bonds may pay a variable rate if issued from May 1997 to April ...
The TreasuryDirect website started selling electronic Series I bonds online in October 2002, and it added Series EE bonds in May 2003. [35] This system was designed to support up to 80 million user accounts; by March 2004, it had 168,000 accounts. [26]
Say, for example, you buy a Series EE bond for $100 that earns 2.70% interest per year, which was the rate from May 1 to Oct. 31, 2024. ... Traditional Bonds. Interest is paid upon maturity or ...
Savings bonds are easy to buy from the U.S. Treasury and reach maturity after … Continue reading → The post When Do Savings Bonds Mature? appeared first on SmartAsset Blog.