When the stock market is bad, more people seek refuge in safe investments such as in the excellent series EE bonds. Series EE bonds are US savings bonds that are considered default-risk free. They are low risk savings that pay interest for up to 30 years.
When investing in series EE bonds, you can expect interest payments but the interest rates that series EE bonds pay at are very low. 1.5% is a common interest rate of series EE bonds. Fixed interest rates apply to series EE bonds that are bought in May 2005 and thereafter. Before that, series EE bonds pay interests based on the current market rates.
Not only you can buy paper series EE bonds the traditional way, you can now buy electronic series EE bonds. You can buy series EE bonds online or at financial institutions or banks. Many companies also offer employees the ability to buy series EE bonds through payroll deduction.
Nowadays, many people take advantage of the availability of US savings series EE bonds online. When investing in series EE bonds, you can choose between electronic series EE bonds or paper series EE bonds. Paper series EE bonds start at $50 denomination whereas the smallest denomination of electronic series EE bonds is $25.
While paper series EE bonds are sold at 50% of their face value, electronic series EE bonds are sold at the full face value. That means, to buy series EE bonds online, you pay $50 for a $50 series EE bond whereas you only pay $25 for a $50 series EE bond certificate.
As for how long you need to hold series EE bonds for, the rule is that you must hold them for at least a year. But, after that, you can redeem them with penalty. Many people hold series EE bonds to maturity which is 30 years after the issue date.
There is a penalty to redeeming series EE bonds early. The penalty is that you forfeit the latest three months of interest payments if you redeem series EE bonds within the first five years. After five years, you will not pay any penalties.
Since series EE bonds are guaranteed by the US government, they are considered one of the safest investments around. People buy series EE bonds for many reasons, not just for investments but also for education funding as well as retirement funding. Best of all, Series EE bonds come in many different denominations and are extremely flexible for your budget. - 15224
When investing in series EE bonds, you can expect interest payments but the interest rates that series EE bonds pay at are very low. 1.5% is a common interest rate of series EE bonds. Fixed interest rates apply to series EE bonds that are bought in May 2005 and thereafter. Before that, series EE bonds pay interests based on the current market rates.
Not only you can buy paper series EE bonds the traditional way, you can now buy electronic series EE bonds. You can buy series EE bonds online or at financial institutions or banks. Many companies also offer employees the ability to buy series EE bonds through payroll deduction.
Nowadays, many people take advantage of the availability of US savings series EE bonds online. When investing in series EE bonds, you can choose between electronic series EE bonds or paper series EE bonds. Paper series EE bonds start at $50 denomination whereas the smallest denomination of electronic series EE bonds is $25.
While paper series EE bonds are sold at 50% of their face value, electronic series EE bonds are sold at the full face value. That means, to buy series EE bonds online, you pay $50 for a $50 series EE bond whereas you only pay $25 for a $50 series EE bond certificate.
As for how long you need to hold series EE bonds for, the rule is that you must hold them for at least a year. But, after that, you can redeem them with penalty. Many people hold series EE bonds to maturity which is 30 years after the issue date.
There is a penalty to redeeming series EE bonds early. The penalty is that you forfeit the latest three months of interest payments if you redeem series EE bonds within the first five years. After five years, you will not pay any penalties.
Since series EE bonds are guaranteed by the US government, they are considered one of the safest investments around. People buy series EE bonds for many reasons, not just for investments but also for education funding as well as retirement funding. Best of all, Series EE bonds come in many different denominations and are extremely flexible for your budget. - 15224
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Curious enough to learn even more about United States government savings bonds, or specifically the Series EE Bonds? Visit us at the US Savings Bonds information website right now for even more information and resources.
