Comments on: Savings Bond Series EE face value confusion http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/ Fri, 04 Jul 2008 18:37:54 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-19293 Thu, 17 Apr 2008 13:51:22 +0000 http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-19293 Lalie - Here's my page about the <a href="http://www.savings-bond-advisor.com/the-fine-print-of-the-us-savings-bond-college-education-deduction/" rel="nofollow">college education deduction</a>, but the short answer is no, you can't do that. Tom Adams Lalie - Here's my page about the college education deduction, but the short answer is no, you can't do that.

Tom Adams

]]> by: Lalie http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-19259 Wed, 16 Apr 2008 21:44:18 +0000 http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-19259 We have bonds that have matured & not matured. We paid for our daughter's college but she got a loan when she went for her masters. My question is, can we cash these bonds, use it to pay for the loan and not pay tax on the inteest earned? Thanks for any help you can give us. We have bonds that have matured & not matured. We paid for our daughter's college but she got a loan when she went for her masters. My question is, can we cash these bonds, use it to pay for the loan and not pay tax on the inteest earned?

Thanks for any help you can give us.

]]> by: Tom Adams http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-18860 Fri, 11 Apr 2008 15:08:09 +0000 http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-18860 Cindy - the information you're looking for is <a href="http://www.savings-bond-advisor.com/when-do-my-savings-bonds-mature/" rel="nofollow" rel="nofollow" rel="nofollow" rel="nofollow">here</a>. (And EE bonds have never doubled in value in seven years; the minimum was eight years for EE bonds issued between May 81 and Oct 82. And now we know how <i>young</i> you are.) Tom Adams Cindy - the information you're looking for is here. (And EE bonds have never doubled in value in seven years; the minimum was eight years for EE bonds issued between May 81 and Oct 82. And now we know how young you are.)

Tom Adams

]]> by: Cindy Carriero http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-18772 Thu, 10 Apr 2008 21:58:55 +0000 http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-18772 Could someone tell me when the EE bonds reach their maturity.When I was a kid they matured in 7 yrs.So if you by a $100 bond for $50 today when could it be cashed in for $100.Thanks you for your help Could someone tell me when the EE bonds reach their maturity.When I was a kid they matured in 7 yrs.So if you by a $100 bond for $50 today when could it be cashed in for $100.Thanks you for your help

]]> by: Tom Adams http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-18487 Fri, 04 Apr 2008 14:45:31 +0000 http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-18487 Christine - The better question is which would you rather have, a $1,000 face value EE bond that's actually worth $500, or a a $1,000 face value I bond that's worth $1,000? Whether you invest in EE or I bonds, you invest a certain amount of money and you earn interest on that money. Although the "face value" of the EE bond is twice what you invested, <i>this is meaningless</i>. It doesn't make EE bonds somehow worth more than I bonds. It's <i>a marketing gimmick</i>. So - when you invest in I bonds, you get a bond that has the amount you invested on it ($1,000 = $1,000; $5,000 = $5,000). When you invest in EE bonds, you get a bond that has the amount you'll have after 20 years on it. (Invest $500, bond says $1,000; invest $2,500, bond says $5,000.) Tom Adams Christine - The better question is which would you rather have, a $1,000 face value EE bond that's actually worth $500, or a a $1,000 face value I bond that's worth $1,000?

Whether you invest in EE or I bonds, you invest a certain amount of money and you earn interest on that money. Although the "face value" of the EE bond is twice what you invested, this is meaningless. It doesn't make EE bonds somehow worth more than I bonds. It's a marketing gimmick.

So - when you invest in I bonds, you get a bond that has the amount you invested on it ($1,000 = $1,000; $5,000 = $5,000). When you invest in EE bonds, you get a bond that has the amount you'll have after 20 years on it. (Invest $500, bond says $1,000; invest $2,500, bond says $5,000.)

Tom Adams

]]> by: christine browning http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-18464 Thu, 03 Apr 2008 19:12:23 +0000 http://www.savings-bond-advisor.com/savings-bond-face-value-confusion/#comment-18464 How much to buy a $1000 I bond How much to buy a %5000 I bond How much to buy a $1000 EE bond How much to buy a $5000 EE bond How much to buy a $1000 I bond

How much to buy a %5000 I bond

How much to buy a $1000 EE bond

How much to buy a $5000 EE bond

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