Savings Bonds

[BoobooKitty]

TweetDoes anyone know anything about them? Or even a site I can go to? My son has had them for 20 years and I never did anything with them. They probably aren't worth nothing. Any help will be most appreciated.

[alluprbdy]

TweetIf hes had them for 20 years I'm sure they are fully matured. go cash em in. I cashed mine in when I turned 18.

[jamescb77]

Tweetdon't cash them wait until you actually need them for something. they continue to grow interest until the day you cash them

[daved150]

Tweetseriously? they keep going up? thats what i was hoping. (and what makes you think i dont "actuall need them for something" now!!!! i sell cars remember? i'm sure there's a bill somewhere i'm neglecting!!). how do i find there value?

[angryoldman]

TweetALL bonds stop earning interest after 30 years. So holding a bond for more than 30 years will do you no good. Series E and EE bonds have a guaranteed maturity (Meaning you will get the full face value) after 20 years. It wasn't always that way though. Depending on when the bonds were bought, it might have a 17 year maturity.
Series I and H bonds have a 20 year maturity as well, but can continue to earn interest another 10 years after maturity. (30 years total)
If you want to check the value of your bonds, click here:
https://www.treasurydirect.gov/BC/SBCPrice

[daved150]

Tweetthanks aom...that what we needed

[deepsouth]

Tweet

don't cash them wait until you actually need them for something. they continue to grow interest until the day you cash them

yep!!!! I do believe at some time they stop growing interest- so I would check it out. You can take it to your local bank and get all that info- are those the old EE bonds?

[BoobooKitty]

TweetYes they are the EE series. So basically they are only worth face value? I'll check that site out.

[deepsouth]

Tweethave them checked- I don't recall the maturity on them. Keep in mind, when purchased- you only paid 1/2 of face value- so they are worth more than what was paid, but I sure thought they continue to gain interest for some time- again, take them to your bank and check to be sure

[BoobooKitty]

TweetI just checked and interest ceases after 30 years. They are worth just a little more than what the face value says. I realize now that when purchased it was only for half the price.
Thank you.

[deepsouth]

Tweetjust remember- its still money in the bank! They are making more money than alot of things right now.

[BoobooKitty]

TweetI know......thanks for all your help.

[daved150]

Tweet

just remember- its still money in the bank! They are making more money than alot of things right now.

pfft...we're gonna cash them sumsabytches this weekend and get us some beer!!!
GET THE COOLER READY BABY!!! DADDY'S BRINGING HOME THE GOOD STUFF...2 CASES OF PERFECTLY AGED PAPST BLUE RIBBON!!!!

[horsepwr]

Tweetthat St Pauli Girl
The wife brought home a nice little surprise this week that she'd forgotten about like that. So, of course, we're waiting on the check.

I forget what it is that she had, but it was not a good thing. It wasn't a savings bond. Some type of CD I think.

But hell's yeah to y'all's chunka change! Spend that boy's money,lol

[deepsouth]

TweetI'll just stick to my Miller Lite and the Miller Chill for the wife