How Do You Find the Maturity of a US Savings Bond?
Quick Answer
Find the maturity date of U.S. savings bonds by finding the issue dates on the bonds and adding the number of years the bonds can earn interest according to the table on a U.S. Department of the Treasury website, TreasuryDirect. Once bonds reach final maturity, owners should redeem them.
Continue Reading
Full Answer
The original maturity terms of savings bonds are sometimes extended, but once bonds reach final maturity, they no longer earn interest. Among savings bonds that have fully matured and stopped earning interest are entire series of older bonds such as A through D, F, G, J and K. All issues of series E and H are fully mature. Series EE bonds dated January 1980 through March 1985 and series HH bonds dated January 1980 through March 1995 have also reached full maturity. As of March 2015, newer bonds of the EE series mature in 30 years, HH series in 20 years and I series in 30 years.
The Treasury Department recommends reinvesting or cashing in fully mature bonds. The IRS requires that savings bond owners report interest on the bonds on the year that they fully mature, although bond owners can claim a tax exemption if they use the interest from the bonds to pay for qualified higher education expenses.
Learn more about InvestingRelated Questions
-
Q:
What Are the Advantages of Buying Savings Bonds Online?
A: Buying electronic savings bonds online allows consumers to use all the features of the TreasuryDirect program to monitor and redeem their investments, repo... Full Answer >Filed Under: -
Q:
What Is a Savings Bonds Maturity Chart?
A: A savings bond maturity chart shows the value of a savings bond based on its stated maturity and current age, and is available on Treasury Direct, the U.S.... Full Answer >Filed Under: -
Q:
How Do You Cash U.S. Savings Bonds?
A: As of 2015, Investors redeem electronic savings bonds through TreasuryDirect, but they can only redeem paper savings bond at certain local banks and financ... Full Answer >Filed Under: -
Q:
What Are I Bonds?
A: As of August 2015, an I bond is a type of savings bond that earns interest based on a combination of a fixed rate and an inflation rate, according to Treas... Full Answer >Filed Under:
You May Also Like
-
Q:
Are SPDR Exchange-Traded Funds Easy to Use?
-
Q:
How Can You Find Information About JNJ Dividend Payment Dates?
-
Q:
How Can You Follow Foreign Stock Markets?
-
Q:
Would You Be Able to Claim an Unclaimed Fund From the State?
-
Q:
Are There Any Online Classes That Teach Currency Trading?
-
Q:
What Is the NYSE Stock Market?
