Posts Tagged ‘ee_bonds’
Savings Bonds Series Ee
January 2nd, 2010
Question: What does the denomination on an EE savings bond really mean?
I have an Us Savings Bond Series EE issued in April of 2008, more than ten years ago, and the denomination on the bond says $100… what does this really mean? if I were to cash it today it’d be worth $76 and I know it was purchased originally for half the denomination, $50… so what is the $100?… any layman explanation of how these work would be greatly appreciated
Answer: Its what the bond will cash for if you hold it to its complete maturity…
Zeitgeist Addendum
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Savings Bonds Ee
December 11th, 2006
Question: Where can I cash US Government EE Savings Bonds? All banks and credit unions have refused to cash them.?
I’m becoming increasingly concerned. No bank or credit union will honor these bonds. What is going on and why will no one cash these?
Answer: There’s more to the story. WHY are they refusing? Are the bonds in your name/SSN?