Comments on: Series EE fixed interest rates

by: Tom Adams

Wed, 04 Nov 2009 16:05:52 +0000

Marcia - Although you don't say so, I bet from your question you're using the Savings Bond Wizard. You need to update its data files every six months. From the Tools menu pick Redemption Values... and then click on the Automatic Update button. If your computer's security software is robust, you may have to tell it to allow the Wizard to access the internet. Or you can use the calculator at the top right of this page. Tom Adams

by: Marcia Murray

Tue, 03 Nov 2009 18:29:52 +0000

Why are EE bonds purchased 05/1985 showing a current rate of N/A? They mature on 05/2015.

by: Tom Adams

Tue, 03 Nov 2009 15:55:29 +0000

Mary Ann - Agreed. I've been recommending I bonds over EE bonds for years.

Tom Adams

by: Mary Ann

Tue, 03 Nov 2009 02:18:57 +0000

The 20-year wait kills the motivation to use EE savings bonds for college. It only sort-of works if the child is less than two years old. Then, the bond could be redeemed during their junior or senior year of college (with the tax break). However, college financial aid programs assume the bond money is immediately available during the freshman and sophmore years, so owning the bond reduces financial aid for those years. The reduction amount varies, depending on the college and the family's financial strength, so it is impossible to do the math. I love your site!

by: Tom Adams

Mon, 03 Aug 2009 15:28:16 +0000

Temple - Jan 1993 Savings Bonds are guaranteed to earn at least 4% until January 2015. At that point the Treasury could change the minimum guarantee to anything it likes. At of today, the Treasury is still renewing the minimum guarantee at 4%.

Tom Adams

by: Temple Myers

Fri, 31 Jul 2009 13:03:25 +0000

Tom,
I have EE bonds purchased in Jan. 1993.
They are currently earning 4% a year.
Will they earn this interest rate until 2023?

Temple