Washington DC, US: Kiplinger Washington Editors Inc.
A record of the savings bond purchase is placed in the purchaser's account, as paper bonds are no longer issued.
Website for More Info, treasuryDirect.All E bonds and some EE bonds have stopped earning interest and should be redeemed.Series EE Savings Bonds issued after May 2005 earn a fixed rate of interest.Currently, Americans can only buy.S.The social security number of the receiver need not be known at the time of purchase.You can cash them after 1 year.
It specifically talks about why someone should purchase savings bonds, where to buy them, how much they can increase in value, and how much it costs to buy one.
The variable rate is adjusted every six months based on consumer price inflation.
After purchase, the holder must wait at least twelve months before cashing it in, when they will receive the principal amount (the purchase price) plus some interest.
For example, if you buy a bond with a value of 50 for 25, you'll datum eine Klatsche have to wait at least 17 years to get your investment back from the government, depending on the interest rate.Maximum purchase: 10,000 per person per bond type per year for electronic securities.Mail the following to Treasury Retail Securities Site, PO Box 214, Minneapolis, MN : the bonds your Social Security Number your direct-deposit information on, fS Form 5396 Regardless of where you redeem your bonds, if you arent listed as the owner or co-owner.Savings bond, Series EE War Savings Bond Series.Savings bonds can be purchased from the.S.
Electronic bonds, log in to TreasuryDirect and follow the directions there.