How much is a 2005 series EE bond worth?

How much is a 2005 series EE bond worth?

Meanwhile, a $50 Patriot Bond purchased in June 2005 — after the new interest-rate system for Series EE bonds began — would be worth $41.20 as of November 2019.

What is Series EE bond worth at maturity?

As long as you cash in your bond at the maturity date, you can guarantee your investment will be double. So, if you buy a Series EE bond today for $25, and hold it for 20 years, you can cash it in for $50. The Treasury Department makes an adjustment to the interest earnings if needed.

What is a Series EE savings bond worth from 1994?

Series EE Bonds So if the bond says $100 on the front, it sells originally for $50. In 1994, U.S. Series EE bonds were for sale in such a manner. They sold in face value denominations of $100, $200, and $500, all of which followed the doubling rule after the 20 years expired.

What kind of interest does Series EE bond pay?

A Series EE bond is a government-backed savings instrument that pays a fixed rate of interest like many savings accounts. These products are considered low-risk like a certificate of deposit (CD).

What’s the face value of an EE bond?

Electronic EE bonds are sold at face value with an annual purchase limit of $30,000. Series I bonds are sold at face value; individuals can purchase a maximum of $60,000 face value per year ($30,000 paper bonds and $30,000 electronic bonds).

When to recognize interest on series I bonds?

FOR FEDERAL INCOME TAX PURPOSES, both series EE and series I bondholders may recognize the interest income on an accrual or cash basis. BOTH SERIES EE AND SERIES I BONDS issued on or after February 1, 2003, have a 12-month minimum holding period.

Where can I buy EE Savings Bonds online?

The only way to buy EE bonds is to buy them in electronic form in TreasuryDirect. We no longer issue EE bonds in paper form. As a TreasuryDirect account holder, you can purchase, manage, and redeem EE bonds directly from your web browser. Purchase EE bonds. Learn more in EE Savings Bonds in Depth. Convert your paper savings bonds to electronic.