Where is the serial number on an EE savings bond?
Where is the serial number on an EE savings bond?
Bond Serial Number–The serial number can be found in the lower right corner of your paper savings bond.
How do you read Series EE savings bonds?
The bond’s issue date will be printed below the series designation. The print date will appear below that. The number in the top left is the face value. Series EE paper bonds were sold for half of that amount.
What are Series EE or I Savings Bonds?
Savings bonds now come in two versions: the Series EE and the Series I. Series EE bonds carry a fixed rate and are investments that are guaranteed to double in value over 20 years and expire after 30 years. The newer Series I bonds have both a fixed rate and a variable rate to keep up with inflation.
What does EE mean on a savings bond?
Series EE savings bonds are low-risk savings products that pay interest until they reach 30 years or you cash them, whichever comes first. The only way to buy EE bonds is to buy them in electronic form in TreasuryDirect. We no longer issue EE bonds in paper form.
How do EE bonds work?
EE bonds earn interest until they reach 30 years or until you cash them, whichever comes first. 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.)
What will my EE savings bond be worth at maturity?
The Treasury guarantees an electronic EE bond will be worth twice its purchase price if it’s held for 20 years and it will continue to add interest for another 10 years. You’ll get back your purchase price plus accumulated interest at the 30-year final maturity date.
How do I avoid taxes on EE bonds?
You can skip paying taxes on interest earned with Series EE and Series I savings bonds if you’re using the money to pay for qualified higher education costs. That includes expenses you pay for yourself, your spouse or a qualified dependent. Only certain qualified higher education costs are covered, including: Tuition.
Can You track down savings bond using a serial number?
The federal government makes it simple to track down a savings bond using a serial number. As long as you have this identification number, you can contact the U.S. Treasury Department to inquire about the status of the bond.
How do you calculate Series EE bonds?
Leave “EE Bonds” selected from the drop-down menu, and select the denomination of the bond’s face value from the “Denomination” menu. Enter the serial number for the bond. This is a long series of numbers preceded by one letter, located on the bottom right of the bond Enter the issue date,…
How do you check your savings bond?
Go to the TreasuryDirect website. This is the official federal government website for checking savings bond earnings. Click on the “Savings Bond Calculator” button located in the lower right corner of the page. Type the date, or a future date, in the “Value as of” box to see how much your savings bond is worth, or will be worth.
What should I know about savings bond serial numbers?
Serial bond numbers are unique to each savings bond. Each one is issues to a specific person (or people) using their social security number and this is correlated to the savings bond serial number. The saving bond serial number is used to prevent counterfeiting.