Savings Bonds For College

savings bonds for college
Question: What amounts are Savings Bonds available in and when do they mature ?

Since our home is nearly paid for I am now considering things to do with the money we will be saving after total repayment of the current home mortgage .
Now my query is what amounts are Savings Bonds available in and when do they mature .
I know that they used to be available in $25.00 ( at maturity would be $50.00 ) because my parents paid for my college education with Savings Bonds .
I think this would be a good investment for our up comming retirement years altho I am still on the border line between Savings Bonds and certificates of deposit and need many details about them both .

Answer: it depends on the series bond you buy. They can mature in as short as 15 yrs and as many as 30.

What you are doing is buying the face value of the bond at a discount… IE paying 12$ for a $50 bond that matures in 30 years….

You can always cash them out early, but you wont receive full face value for them….

oXYGen Financial – Breathe Easier® About Your Financial Future – Atlanta Georgia


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