US Savings Bonds

Archive for October, 2008

A complete overview of EE Series Bonds, Part V

(c) Copyright 2006 by Harold Pennington

The interest-earning life of EE Series Savings Bonds

At a minimum, the U.S. Treasury guarantees that a Series EE Bond’s value will double after 20 years. This is called the ‘original maturity.’ After that, it will continue to earn the fixed rate for another 10 years unless a new rate or rate structure is announced.

If for some reason bond’s value does not double as the result of applying the fixed rate for 20 years, the U.S. Treasury will make a one-time adjustment at original maturity to make up the difference.

After 30 years, they won’t earn interest anymore, so it will be time to take that money out and invest it elsewhere… Or have one heck of a party!

In conclusion, the EE Series savings bond has a lot to offer both new and experienced investors. With their all-around competitive rates, perfect accessibility, advanced liquidity, complete safety, and nearly no taxation at all, it’s no wonder why they are causing such a commotion in the investor marketplace.

Don’t just sit there and think about checking into them one day. I challenge you to learn more about these fascinating investments to see if they are right for your portfolio. You can pick up a newspaper at any time and see if the latest bond rates appeal to you, however you have to keep in mind all of the extras you get with the EE Series Bond. After taking into consideration the tax benefits, investment guarantee, and liquidity, you’ll soon see that there’s no better cookie jar to leave your money in.

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Harold Pennington is an independent Financial Advisor who is an avid enthusiast of tax-advantaged investments. Don’t miss this completely free resource website on US Savings Bonds.

Question: does anyone know how to replace stolen Savings Bonds?

when my parents got divorced, my father stole my sister’s and my Savings Bonds that were given to us for college from my grandfather. my sister is graduating this year and cannot pay for school without them. we need these bonds. we do not know the serial number on the bonds. is there any way of getting a copy of the bonds, or any way to redeem the money? also, we were given the bonds as minors, so i do not believe they were put in our names. if they were in my fathers name, would he have complete control over them forever, or just until i turn 18? please help me.
they may have been in my father AND mother’s names. possibly even solely in my mothers. my father still has the bonds, would my mother be able to redeem them without the serial number if the were in just her name, and would she be able to do anything if they were in both my parents names.

Answer: Go to this website, scroll down to the form that says PD F 1048 CLAIM FOR LOST, STOLEN OR DESTROYED UNITED STATES Savings Bonds. Have a form mailed to you, fill in as much information that you have. I’m pretty sure if they were in your fathers name he would have control over them, but minors can have Savings Bonds put in their names, so hopefully thats the case. Good luck.

T552 – Seg 2 – Consumer Corner

Question: With our politicians destroying the economy and handing out rebate checks from China, what to do?

What can the younger generation of working US citizens do about the severe risks to their future? I invest money in the stock market but it has only gone down. I invest money in bonds and savings accounts but the small gains do not keep up with inflation (it costs more to buy everything and the actual dollars lose their value as well). I am told not to count on there being much Social Security when I retire. How can I build a future for myself if my investments and savings continue to lose value due to a greedy and irresponsible government?

Answer: Invest in yourself. Get a better education. Open and run your own small business. That way success is in your hands.

National Economic Education Video Contest – NEEVC