When do u.s. savings bonds mature

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Table of Contents Expand. History of U. Savings Bonds. Series EE Bonds. Series I Bonds. Series HH Bonds. Key Takeaways Savings bonds are sold by governments to their citizens to help fund federal spending, and provide savers with a risk-free return. Savings bonds are sold at a discount and do not pay regular interest.

Instead, as they mature, they increase in value until they reach full face value at maturity. The time to maturity for savings bonds will depend on which series issue is owned. Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.

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This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. Electronic Series EE Bonds are sold at face value and are worth their full value when available for redemption. The minimum term of ownership is one year, but a penalty is imposed if the bond is redeemed in the first five years. The bonds earn interest for 30 years. Instead, the accrued interest is reflected in the redemption value of the bond.

Treasury issues tables showing the redemption values. If an election is made, all previously accrued but untaxed interest is also reported in the election year.

If the election to report the interest annually is made, it will apply to all savings bonds for all future years. That is, the election cannot be made on a bond-by-bond or year-by-year basis. Using the money for higher education may keep you from paying federal income tax on your interest. To find whether a particular marketable security has matured and therefore stopped earning interest , use our Auction Query. Department of the Treasury, Bureau of the Fiscal Service. Treasury Securities That Have Stopped Earning Interest Do you have savings bonds or marketable Treasury securities that have matured and stopped earning interest?

Savings Bonds Use the tables below to determine whether your savings bonds have stopped earning interest. To learn whether a savings bond on your list has been cashed, contact: Treasury Retail Securities Services P. We can do this. Visit Vaccines.