Maturity of Savings Bonds? - series ee bonds maturity
I have 2 Series EE were that my daughter when she was born in output in 1998. It is now almost 9th When the bonds mature? Some people say that another 7 years, say 10th It seems pointless to keep them as obligations when they are mature. I prefer to use the wearing of his interest.
Wednesday, January 13, 2010
Series Ee Bonds Maturity Maturity Of Savings Bonds?
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3 comments:
Series EE bonds pairs (ie, interest rates will no longer accrue more) after 30 years from the date of issue. You can redeem the bonds at any time after 6 months from the date of issue. So basically, they still accrue interest.
The question is whether you save now? You probably want to consider that (a) if redeemed, you must now pay taxes on interest, earned on loans (unless you use the vouchers to cover education expenses for his daughter, if you pay) and (b leave) How much interest could return on investment, if the repayment of bonds and invested in something else.
You can redeem them at any time after the first year. They have reason to believe that it is useless to continue through its expiration date, and it would not stop interest.
http://www.treasurydirect.gov
You can use a college savings account for them. Imagine calls for a 529-Plan or Education IRA, Coverdell IRA.
http://www.savingforcollege.com/college- ...
how long it takes to mature depends on the rate of return on bonds this year. The higher the interest rate is mature more quickly. after reaching the value of the obligation to continue money for several years. EE bonds earn interest for 30 years from the date of issue. Ties have now earn around 5% interest per year and has about 12 years to reach their face value. She can currently convert over 75% of the nominal value.
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