Regular Paper Savings Bonds Federal Reserve Bank Services Form

Instructions and help about Regular Paper Savings Bonds Federal Reserve Bank Services

hi guys this is Sarah from The Savvy professor today we'll learn how to redeem ee savings bonds stick around until the end to know what it takes to redeem ee savings bonds check your bonds maturity date ee savings bonds earn interest for 30 years but your initial investment will double in 20. the treasury Department lets you redeem your bonds anytime after the first 12 months however it's worth noting that redeeming them within the first five years attracts a penalty where you forfeit the interest for the last three months for instance if you redeem your ee bonds after 21 months you'll only get interest for the first 18 months find out how much your bond is worth next check how much your bond is worth this is especially useful if you want to redeem part of it log into your treasury direct account and check your current Holdings if you decide on a partial Redemption you'll only receive interest on the part you cashed out furthermore you must leave at least 25 dollars in the account proc