Note: The Treasury Dept.
Guarantee value dates are based on the month of issue.
There is a 3 month penalty for cashing in an EE Bond before it is five years old.Older series EE bonds earn variable rates, which can change twice a year.The rate for any savings bond can be found in the Redemption Tables available on the TreasuryDirect.Rates for new bonds are set every May 1st and November 1st by the.S.IRS Publication 550 states if a Series EE Savings Bond has come to local world essex final maturity, the interest earned by that bond should be reported in the year sex offenders registry va it came to final maturity.A series.S.This exclusion is known as the Education Savings Bond Program.Bonds Bought May 1997 Through April 2005.Step 3, multiply your bonds guarantee / face value times the appropriate factor to obtain an estimated 30 year value.EE Savings Bonds purchased today increase in value every month rather than every six month.Newer Series EE Bonds - Issued After April 2005.
Civilian employee of the United States regardless of residence.
Series EE bonds have many different rules depending on the time period in which they were purchased.Series EE Savings Bonds purchased on or after May 1, 2005, earn a fixed rate of return which is set at their purchase.Redemption tables allow you to find the values and interest earned for Series EE savings bonds, Series E savings bonds, Series I savings bonds, and Savings Notes issued from 1941 to present.You may want to consult a tax advisor to determine your eligibility for the Education Savings Bond Program.Alternatively, the bond owner can elect to report interest each year as it accrues; however, such an election must apply to all of the owner's accrual-type securities.If the rate is closer.5 percent, use.6 and if the rate is near 4 percent, use.7.If this cannot be done, the bond should be cashed in and the interest reported for the year it is cashed.Multiply 1,000 times the.6 factor and the bond will be worth approximately 1,600 at the 30 year point.For example: A face-value 100 electronic EE bond is purchased for 100.