The Savings Bond Calculator from SavingsBonds.com is designed as a quick and easy tool to provide savings bond investors with the exact cash in value, interest rates and maturity dates of their US Savings Bonds. The calculator will price Series EE, E and I bonds. Features also include next accrual date and year-to-date interest earned.
US Savings Bonds are non-marketable securities meaning you cannot buy or sell them unless you are an authorized issuing and redeeming agent designated by the US Treasury Department. They are also considered a registered security, which means that the person or persons named on the bond owns them.
There are several reasons why Americans buy Savings Bonds. Often safety is cited as a primary reason. Savings Bonds are backed by the full faith and credit of the United States Government, therefore, the principal and interest will never be lost due to changes in the financial markets.
Savings Bonds are also free from all state and local income taxes. You can also defer federal income taxes on the earnings if you wait until the bond reaches final maturity or when you cash it in. You can invest as little as $25 (and even smaller amounts from Payroll Deductions Plans), so it is an easy way to save. Some Savings Bonds are even entirely federal income tax free if used for educational purposes.
Currently there are three types of bonds available for purchase: Series EE, Series I, and the Patriot Bond (first issued on 11th December 2001, the 3 month anniversary of the WTC/terrorist attacks) following all the same rules and regulations of an EE bond.
US Savings Bonds are non-marketable securities meaning you cannot buy or sell them unless you are an authorized issuing and redeeming agent designated by the US Treasury Department. They are also considered a registered security, which means that the person or persons named on the bond owns them.
There are several reasons why Americans buy Savings Bonds. Often safety is cited as a primary reason. Savings Bonds are backed by the full faith and credit of the United States Government, therefore, the principal and interest will never be lost due to changes in the financial markets.
Savings Bonds are also free from all state and local income taxes. You can also defer federal income taxes on the earnings if you wait until the bond reaches final maturity or when you cash it in. You can invest as little as $25 (and even smaller amounts from Payroll Deductions Plans), so it is an easy way to save. Some Savings Bonds are even entirely federal income tax free if used for educational purposes.
Currently there are three types of bonds available for purchase: Series EE, Series I, and the Patriot Bond (first issued on 11th December 2001, the 3 month anniversary of the WTC/terrorist attacks) following all the same rules and regulations of an EE bond.
