Comments on: How Series EE Savings Bond interest rates work

by: Tom Adams

Mon, 05 Oct 2009 14:54:10 +0000

Usha - In general, the answer to your question is yes, but you should read my post on How to Cash In a Savings Bond.

You can discover the current redemption value of your bonds by using the Savings Bond Calculator at the top (right side) of this page.

Tom Adams

by: usha

Sat, 03 Oct 2009 17:39:58 +0000

I have $100.00 dollar series EE bonds –year 1977 and 100.00 seroes EE bonds year 1990.can I just go to the bank and cash them?what are they worth?

by: Tom Adams

Thu, 24 Sep 2009 14:58:02 +0000

April - the Treasury won't reissue Savings Bonds just to change the SSN.

I recommend that you photocopy the bonds and put the copies in a different safe place from the one where you keep the bonds. That way you have both the SSN on the bonds and the bond serial numbers if they are lost or stolen.

Tom Adams

by: April

Thu, 24 Sep 2009 01:30:50 +0000

I have multiple Series EE bonds, given as gifts to my children, that are listed under the "giver's" SS#. I read in one of your posts, your suggestion to always use the recipient's SS# in order to make tracking them easier in the event they are ever lost. Would you recommend that I change them now? If so, how would I go about doing so?

by: Tom Adams

Tue, 21 Jul 2009 16:26:41 +0000

William - yes, they are worry free in the sense that you can forget about them.

Historically, Series I bonds have done better than Series EE. If I were you, I'd get Series I.

There's also a limit of $5,000 per series per year, so at the rate you're going you'll have to buy some of both anyhow.

You can automate this by using TreasuryDirect rather than paper bonds.

Tom Adams

by: William

Mon, 20 Jul 2009 22:14:49 +0000

I have a sales job and there is no retirement. I only have one EE bond that I purchased last week. My plan is to purchase between $100 and $200 in bonds per week. I plan to forget they are there for 30 years until they reach full maturity, and I retire. I don't have alot of knowledge about investing or time to research. If I stick to this plan, will this be worry free investing?(Meaning: Can I forget about them for 30 years and still recieve the maxium return without complication or penalties?)