Savings Bonds question?

**Saulbadguy** · 04-08-2005, 06:39 PM

I just found a crapload of Savings Bonds in my name. They are "Series EE". Most of them were issued in 1994, and one in 1982. Should I cash them in? It says interest ceases after 30 years, but I could really use the money right now. Is there a penalty if I cash them in this early? CAN I cash them in this early? WTF is going on?!

**Saulbadguy** · 04-08-2005, 06:45 PM

Nevermind. I think I figured it out.

Simplex3 · 04-08-2005, 06:53 PM

Actually, the best plan is to give them to me. You don't want to have to pay the penalties, I'll do that for you.

Sure-Oz · 04-08-2005, 08:33 PM

Yes you can cash them in early, when you go to your bank or credit union they will print up how much is the value, you can decide to take it or wait. You can cash them a year after the issue date you got.

04-08-2005, 06:39 PM	Topic Starter
Saulbadguy When a nightmare becomes real Join Date: Nov 2003 Casino cash: $2656966	Savings Bonds question? I just found a crapload of Savings Bonds in my name. They are "Series EE". Most of them were issued in 1994, and one in 1982. Should I cash them in? It says interest ceases after 30 years, but I could really use the money right now. Is there a penalty if I cash them in this early? CAN I cash them in this early? WTF is going on?!
Posts: 46,965

04-08-2005, 06:45 PM	#2
Saulbadguy When a nightmare becomes real Join Date: Nov 2003 Casino cash: $2656966	Nevermind. I think I figured it out. __________________ http://www.goemaw.com
Posts: 46,965

04-08-2005, 06:53 PM	#3
Simplex3 MVP Join Date: Sep 2003 Casino cash: $10004900	Actually, the best plan is to give them to me. You don't want to have to pay the penalties, I'll do that for you.
Posts: 28,527