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They are identical in every way to the paper Series EE Bonds except that any paper bonds purchased through a financial institution after December 10, 2001 have the words "Patriot Bond" printed on the top half of the bond between the Social Security Number (SSN).
Even if the bonds aren't redeemed, regulations governing savings bonds require the interest income to be reported for Federal tax purposes for the year of final maturity, causing tax problems for unwary bond owners.As of January 2003, HH bonds have earned an interest rate.5.Unlike Series EE bonds, I bonds do not come with a guarantee to at least double in value over the initial term of the bond.What is a 'Series EE Bond'.Series I Bonds, series I bonds are sold at face value and mature after 30 years.Series EE and I are intended to be savings bonds, and Series HH is intended to be an investment bond.HH bonds have not been available for purchase since September 1, 2004, but bond holders will continue to receive interest payments until the bonds' maturity.Financial institutions no longer issue Series EE bonds in paper form, but the paper "Patriot Bonds" can still be cashed or converted to electronic bonds.The Series EE Bond is a non-marketable, interest-bearing.S.After your bond reaches original maturity, it automatically enters one or more extension periods (usually ten years long).
There is also a limit to how much a bond investor can invest in the savings bond; the limit is set at 10,000 each calendar year for each Social Security Number.
Treasury Securities that Have Stopped Earning Interest.
Since EE bonds earn interest for up to 30 years, the longer the bonds are held, the more they are worth.
This rate applies for the first six months that you own the bond.
HH bonds that are more than 20 years old.
There are three different series of bonds.If they are redeemed before five years, the last three months' worth of interest is forfeited, but after five years, they can be redeemed with no penalty.Interest on Series EE bonds is typically exempt from state and local taxes, and coupon rates are assigned based on a percentage of the long-term Treasury rates at the time of issuance.Series HH/H bonds pay interest on a semiannual basis, so it's easy to know when they stop earning interest.E bonds through November 1965 that are more than 40 years old, E bonds with December 1965 or later issue dates that are more than 30 years old, H bonds that are more than 30 years old, Freedom Shares (also known as Savings Notes) and.