How To Check Or Calculate The Value Of Savings Bonds

Redeem your savings bonds electronically through TreasuryDirect. If you have paper bonds, you can redeem them at most financial institutions. Along with using a YTM calculator, you can also look up old savings bonds that are still in circulation. Paper bonds can only be purchased as part of your IRS tax refund. The calculator will price Series EE, Series E, and Series I savings bonds, and Savings Notes.

This table is arranged in order of increasing interest-rate risk, but it is sortable on any column. To zero in on one or two funds, answer the first three questions. It’s not just the number of different bonds that is scary. Bonds are supposed to provide safety, but they crashed in 2022. We might get another spike in inflation, and that would destroy most bonds. Savers looking for bonds have, at first glance, an intimidating task.

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Series EE savings bonds mature after 20 years, and they’ll continue earning interest for 10 more years. As such, holding onto your bonds for three decades is the way to collect the largest amount of interest. Whether you have paper savings bonds or electronic ones, it’s easy to check the value of your savings bond using the federal government’s TreasuryDirect website.

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WILL NOT create a savings bond based on information you enter. Another feature of the Series EE savings bond is that you can also keep the bond beyond its maturity date. Bond holders continue to earn interest for up to 30 years, making the bond even more valuable the longer what is my bond worth it is kept. Here’s an example of how much a Series EE U.S. Savings bond purchased in October 1994 would be worth today.

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If rates go up one point, the fund’s value goes down 6%, more or less. But you may still own one that has or has not reached the end of its 20-year life. They continue earning interest for another 10 years, for a total maturity period of 30 years. For EE Bonds, the interest rate depends on when the bond was issued. EE Bonds issued between May 1997 and April 2005 earn variable interest; those purchased after May 2005 earn fixed interest. While both types of bonds are bought at face value, you can no longer purchase paper EE Bonds.

Timing Your Savings Bonds Redemption

The Eyebonds.info presentation shows a current value (as of Feb. 1, 2023) of $10,684 and continues with interest calculations through October 1. Note that the Eyebonds.info information for Nov. 1, 2022, matches TreasuryDirect’s calcuation, because it does not include interest for November, December and January. The page that then displays the earned-interest history of your I Bond, all the way to the end of the your current composite rate (the end month depends on the month you purchased the I Bond).

• But you may still own one that has or has not reached the end of its 20-year life.
• All electronic savings bonds can be purchased in any amount from $25 to $10,000, while paper bonds are limited to $50, $100, $200, $500 and $1,000 denominations.
• The Treasury adds this interest to your initial investment, which causes the overall worth of the bond to grow as time goes on.
• The offers that appear on this site are from companies that compensate us.
• There’s no fee (at most brokers) to hold that asset, saving you $30 a year there.
• A Municipal Bond is usually issued by local Governments to finance public projects such as roads, schools, and airports.

If the bond says $500, it was bought for $500 and is now worth $500. When it comes to reporting interest on your bonds to the IRS, you can do it either as you go or when the bonds are fully matured. The site also has an Excel-based I Bond Calculator you can download. I haven’t used it, but a lot of my readers seem passionate enough (and nerdy enough?) to give it a try.

With inflation so low for so many years, oftentimes the rate is quite low. Treasury’s Savings Bond Calculator and advice from financial advisors can assist in learning how to determine the value of savings bonds. The value of savings bonds is influenced by a myriad of factors, such as their type, issuance date, interest rates, time value, inflation, market conditions, and changes in federal policy. Learn about the types of U.S. savings bonds, how to buy or redeem them, and calculate their value. Find out how to change a bond’s ownership, replace it, and whether it is taxable. Previously you could walk into a bank and buy Treasury bonds with ease.

This should load the file into your web browser where you can click the “Return to Savings Bond Calculator” button to update the values and continue working with your inventory. If you decide to cash in your Series EE savings bond, the process is fairly straightforward. From July through October 2024, the Consumer Price Index (CPI) increased 0.2% a month. This is a relatively low rate of inflation, and when the inflation rate is stable, it makes life easier for investors, businesses, and consumers.

Government information

All bonds can now be managed through TreasuryDirect, the Treasury’s online portal. A Municipal Bond is usually issued by local Governments to finance public projects such as roads, schools, and airports. Bonds issued by the United States Department of the Treasury to finance government spending. On this page, you will find detailed instructions on how to use the calculator, information on what the terminology means, and brief information on how to cash out your Savings Bonds.