Mature date of series ee savings bonds

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Savings Bonds

Series EE Savings Bonds: When to Redeem For the Maximum Return | MyBankTracker

Federal government websites often end in. The site is secure. Savings bonds are debt securities issued by the U. Department of the Treasury to help pay for the U. Starting January 1, , you can no longer buy paper savings bonds at financial institutions.

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Series EE Savings Bonds: When to Redeem For the Maximum Return

As we move into a new year, our thoughts turn to diets, ditching bad habits and seeking inner calm. But add one more thing to the financial list of things that require our attention in -- U. Thanks to higher interest rates in , savings bonds were a huge deal at the time and maybe almost as hot in some minds as Wall Street. Now 30 years later, the new year will mark a milestone when millions of Series EE savings bonds bought in will stop earning any more interest at various months in , depending on when the bond was issued. And those bonds need to be cashed.

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When savings bonds mature depends on the series of bond held. Savings bonds have two maturity periods: an original period and a final period. The original period is when the bond reaches its face value, while the final period is when the bond reaches its maximum value. For example, a Series EE government bond has an original maturity period of 20 years but will still earn interest until the year mark.