Caution Regarding Savings Bonds That Have Matured
EE and I savings bonds earn interest for 30 years. HH savings bonds earn interest for 20 years.
Please check www.treasurydirect.gov prior to cashing in your savings bonds. Click on the get started link. You can also check when the next accrual period is on the bonds. You still may decide to cash the savings bonds in but try waiting until the next accrual period has passed.
An EE bond issued in 1984 for $50 (face value)would be worth over $90. The bond still accrues interest after the maturity date.
Saturday, March 21, 2009
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