US Savings Bonds

Posts Tagged ‘Savings Bonds Maturity’

Question: What is the best way to invest savings bonds?

My kids have well meaning grandparents who send savings bonds for birthdays and holidays and I have no idea what to do with them. I have thought about putting them in a mutual fund at some point. Does anyone know what amount of money you have to have to start one up?

Answer: Most Mutual Funds require minimum amounts of around $2,000 to $3,000 to open an account. If you’re thinking of redeeming the savings bonds and using the money to open a mutual fund account, beware of the early redemption penalty on the bonds (3 months interest). And they cannot be redeemed until they are at least 12 months old. If your kids are under 18, the mutual fund company will want you or another parent to sign the account papers, since the kids won’t be old enough to enter into legal contracts themselves.

If the savings bonds are small amounts (like $25 or $50), and the total is nowhere near $2,000 or $3,000, there’s nothing wrong with just letting the savings bonds accrue interest. While the interest rates aren’t high, they are reliable (because the U.S. government stands behind the bonds). In 15 years time, they’ll probably compound into a nontrivial value. Remember the power of compounding (see the webpage listed below). Maybe the bonds can help the kids cover their college expenses.

Bond Market : How Do Saving Bonds Work?

This section of Us Savings Bonds Information website covers US Savings Bonds Maturity. Different US Savings Bonds are issued at different times. Different US Savings Bonds have different maturity dates. It is useful to keep up with US Savings Bonds Maturity dates so US Savings Bonds owners will know when to redeem their US Savings Bonds. 

What are the US Savings Bonds Maturity dates?

The US Savings Bonds Maturity dates are shown below. 

After either 30 or 40 years, depending upon the issue date of the US Savings Bonds, a US savings bond will have matured and will no longer be accruing interest. 

See the schedule below for the final US Savings Bonds Maturity date. 

US Savings Bonds	Issue Date of the savings bond	Final Maturity of the US Savings bond
US Savings Bonds Series E	5/41 to 11/65	40 Years
US Savings Bonds Series E	12/65 to 6/80	30 Years
US Savings Bonds Series Ee	All Issues	30 Years
US Savings Bonds Series H	6/52 to 1/57	29 Years 8 Months
US Savings Bonds Series H	2/57 to 12/79	30 Years
Us Savings Bonds Series Hh	All Issues	20 Years
Savings Notes	All Issues	30 Years
A, B, C, D, F, G, J, K	All Issues Have Stopped Earning Interest
US Savings Bonds Series I	1998	30 Years

Question: Anyway to determine how much Savings Bonds will be worth when they reach full maturity?

I have a bunch of EE Savings Bonds from like 1989, 1990, 1991 and I wanted to know if there was any way to determine how much they will be worth when they reach their full maturity date in like 2018? (including interest earned and everything)

Answer: a savings bond matures at it’s face value.