are ee savings bonds still earning interest
I'm the holder of some Series E and Series EE savings bonds, and I'd like to confirm some information with you ... concerning the interest-earning periods on E and EE bonds. I have received some conflicting information. This issue pops up all the time. Series E and EE Savings Bonds issued before May 1995. Both Series E and Series EE Savings Bonds issued before May 1995 have rules that are very different from Series EE bonds issued later. Interest rates on these bonds are calculated two different ways. Most savings bonds stop earning interest (or reach maturity) in about 30 years. It is possible to redeem a savings bond once it reaches one year, but it's usually wise to wait at least five years or you will lose the last three months of interest when you cash it in. EE bonds earn interest for up to 30 years. You can cash them after 1 year. But if you cash them before 5 years, you lose the last 3 months' interest. (For example, if you cash an EE bond after 18 months, you get the first 15 months of interest.) Interest Rates and Terms for Series EE Savings Bonds. Electronic Series EE savings bonds, purchased via TreasuryDirect, are sold at face value. For example, you pay $25 for a $25 bond. Paper EE bonds, last sold in 2011, were sold at half of face value. More on Rates and Terms. These EE bonds earn the same rate of interest (a fixed rate) for up to 30 years. When you buy the bond, you know what rate of interest it will earn. Treasury announces the rate each May 1 and November 1 for new EE bonds. See: Comparing I Bonds to EE Bonds. Only EE and I bonds are still issued, but that doesn't mean you can't still cash in other savings bonds. For instance, if you have an H bond, it's no longer earning interest and is a primary candidate for redemption. HH and I bonds may still be earning interest based on the issue date. Series EE bonds earn interest for 30 years from date of issue. Because these bonds were first issued in 1980, all Series EE bonds are still earning interest. Series E bonds issued in November 1965 or before earn interest for 40 years from date of issue. Because some of these bonds were issued as far back as World War II, some have stopped earning interest. Thursday, March 9th, 2006. Categorized as: Savings Bond interest rates • Series EE US Savings Bonds. If you’re interested in finding out what interest rate your Savings Bonds are currently earning, just ask my Savings Bond Calculator. It will give you both the current rate and current value of your Savings Bonds. Some of these bonds have stopped earning interest. EE bonds earn interest for up to 30 years. To find out whether your bond is earning interest and what the bond is worth, see the Savings Bond Calculator. The Savings Bond Calculator also shows. when interest will next be added (under Next Accrual)
Yes, all Series EE bonds are still earning interest.