Note:The Calculator is for paper bonds only. To learn the value of your electronic savings bonds, log in to your TreasuryDirect account.
With our online Calculator, you can find out how much your paper savings bonds are worth. The Calculator will price the following series of paper bonds: EE, E, I, and savings notes. Current interest rate, next accrual date, final maturity date, and year-to-date interest earned are among the other features. There is also historical and prospective data available.
How do I find out how much an EE savings bond is worth?
Log in to your TreasuryDirect account to see the current value of your electronic bonds. Check to see whether you hold any bonds. Make sure the serial number you enter is correct. Ascertain that a bond can be cashed.
Is it possible to check to see whether I have any savings bonds?
To look for uncashed savings bonds in your name, go to the Treasury Department’s TreasuryDirect website. To see results, enter your social security number or Employee Identification Number (EIN) into the Treasury Hunt page’s search area and click the “Search” button.
After 30 years, how much is a $50 EE savings bond worth?
Savings bonds are regarded as one of the most secure investments available. The underlying principle is that the value of a savings bond grows over time, but it’s easy to lose track of how much it’s worth over time.
The TreasuryDirect savings bond calculator, fortunately, makes determining the value of a purchased savings bond a breeze. You’ll need the bond series, face value, serial number, and issuance date to figure out how much your savings bond is worth.
If you bought a $50 Series EE bond in May 2000, for example, you would have paid $25. At maturity, the government committed to repay the face amount plus interest, bringing the total value to $53.08 by May 2020. A $50 bond purchased for $25 30 years ago is now worth $103.68.
What is the current value of a $50 savings bond from 1986?
Savings bonds in the United States were a massive business in 1986, because to rising interest rates. In some minds, they were almost as hot as the stock market.
Millions of Series EE savings bonds purchased in 1986 will stop generating interest at various periods throughout 2016, depending on when the bond was issued, and will need to be cashed in the new year.
No one will send you notices or redeem your bonds for you automatically. It’s entirely up to you to decide.
In 1986, almost $12 billion in savings bonds were purchased. According to the federal Bureau of the Fiscal Service, there were more than 12.5 million Series EE savings bonds with 1986 issue dates outstanding as of the end of October.
According to Daniel Pederson, author of Savings Bonds: When to Hold, When to Fold, and Everything In-Between and president of the Savings Bond Informer, only a few years have seen greater savings bond sales. (Other significant years include 1992, when $17.6 billion in bonds were sold, 1993, when $13.3 billion was sold, and 2005, when $13.1 billion was sold.)
For the first ten years, bonds purchased from January to October 1986 had an introductory rate of 7.5 percent. Beginning in November 1986, the interest on freshly purchased bonds was due to drop to 6%, thus people piled on in October 1986.
In the last four days of October 1986, Pederson’s previous office at the Federal Reserve Bank branch in Detroit received more than 10,000 applications for savings bonds, according to Pederson. Before that, it was common to receive 50 applications every day.
What is the true value of a bond? A bond with a face value of $50 isn’t necessarily worth $50. For a $50 Series EE bond in 1986, for example, you paid $25. So you’ve been generating buzz about the $50 valuation and beyond.
The amount of money you get when you cash your bond depends on the bond and the interest rates that were paid during its existence. You can find the current value of a bond by using the Savings Bond calculator at www.treasurydirect.gov.
How much money are we discussing? In December, a $50 Series EE savings bond depicting George Washington, issued in January 1986, was valued $113.06. At the next payment in January 2016, the bond will earn a few more dollars in interest.
In December, a $500 savings bond with an image of Alexander Hamilton, issued in April 1986, was worth $1,130.60. In April 2016, the next interest payment will be made.
Until their final maturity date, all bonds purchased in 1986 are earning 4%. Keep track of when your next interest payment is due on your bonds.
For the first ten years, savings bonds purchased in 1986 paid 7.5 percent. For the first 12 years, bonds purchased in November and December 1986 paid 6%. Following that, both earned 4%.
Bonds can be cashed in a variety of places. Check with your bank; clients’ bonds are frequently cashed quickly and for big sums. Some banks and credit unions, on the other hand, refuse to redeem savings bonds at all.
Chase and PNC Banks, for example, set a $1,000 limit on redeeming savings bonds for non-customers.
If you have a large stack of bonds, you should contact a bank ahead of time to schedule an appointment. According to Joyce Harris, a spokeswoman for the federal Bureau of Fiscal Service, it’s also a good idea to double-check the bank’s dollar restrictions beforehand.
Don’t sign the payment request on the back of your bonds until you’ve been instructed to do so by the financial institution.
What types of taxes will you have to pay? You’ll have to calculate how much of the money you receive is due to interest.
The main component of the savings bond, which you paid when you bought it, is not taxable. Interest is taxed at ordinary income tax rates, not at a capital gains tax rate. If you cashed a $500 bond issued in April 1986 in December 2015, it would be worth $1,130.60. The bond was purchased for $250, and the interest earned would be taxable at $880.60.
What if you cashed all of the 1986 bonds that came due in 2016? On your 2016 tax return, you’d pay taxes on those bonds.
It’s critical to account for interest and keep all of your papers while preparing your tax returns. Details on who owes the tax can be found on TreasuryDirect.gov.
What is the value of a $50 savings bond dated 2005?
The current value of your Patriot Bond should be available in your account if you converted it to an electronic bond. You can also use this TreasuryDirect online calculator to calculate the value of your paper savings bond.
After you’ve calculated the value of your Patriot Bond, consider your whole investment portfolio to determine the optimum moment to redeem it.
How much is a $50 Patriot Bond worth?
Your bond’s value will obviously vary depending on when you bought it, but here are some examples. A $50 Patriot Bond acquired in December 2001 would have cost $25 due to the fact that the bonds were offered for half their face value at the time, and it would be worth $51.12 in November 2019. That’s a little more than a twofold return on your initial investment.
In the meantime, a $50 Patriot Bond purchased in June 2005, shortly after the new interest-rate system for Series EE bonds was implemented, would be worth $41.20 in November 2019.
How much is a $100 Patriot Bond worth?
A $100 Patriot Bond would have cost $50 in December 2001 and would be valued $102.24 in November 2019.
For a second example, suppose you bought a $100 Patriot Bond in November 2009, when it was still available. Because it wouldn’t mature until November 2039, that bond would only be valued $56.40 in November 2019.
When it comes down to it, a number of factors influence the optimal moment to redeem your Patriot Bonds, including when you bought them, when their value doubles, and, of course, your financial status. You can make the best decision for yourself after you know how much your bond is worth and how to redeem it.
What is the value of a $100 savings bond dated 1999?
A $100 series I bond issued in July 1999, for example, was worth $201.52 at the time of publishing, 12 years later.
How do I find out whether I have any bonds in my name?
A: Because the Treasury Hunt website is arranged by social security number, it only includes savings bonds purchased from 1974 to the present. That is when social security numbers were first required. If you feel you may be owed money from an older bond, fill out this form or contact 1-800-553-2663 to request a manual search.
A: You will be encouraged to file a preliminary claim if you find a bond for yourself or your family on the Treasury Hunt website.
(Make sure you don’t skip this step.) Since its launch, the Treasury Hunt website has received 350,000 hits based on social security numbers, but only 100,000 people have provided their contact information to collect their bonds.)
A Treasury Department “finder” will then contact you to obtain additional information and investigate your claim. If you are a match, the finder will either mail you claim forms or you can download them from the internet.
A certified signature is required on savings bond claim forms. This procedure entails visiting a bank, credit union, or other financial institution, presenting identification, and signing paperwork in the presence of a bank officer or notary who validates your signature as valid.
Q: Is there anything else I can do if I believe there should be savings bonds in my name but can’t discover any?
A:Yes.
The Treasury Department adds a half million bonds to the database every month when they mature, so check back often.
Q: I suspect I may possess bonds that have not yet matured but which I have lost track of. What is the best way for me to look for those?
A:You can request a bond search by filling out this form or calling 1-800-553-2663. Treasury officials will look into your request depending on the information you’ve provided, such as your social security number.
A: Over the years, the Treasury has issued a variety of savings bond series, each of which is slightly different.
However, the Treasury Hunt search system’s basic series “EE” savings bond worked as follows:
1. You paid half the face value for the bond.
A $50 bond, for example, would cost $25.
2.After 20 years, that EE bond was guaranteed to increase to its face value. As a result, a $25 savings bond would have increased to $50.
3. After that, the EE bond would continue to receive income for another ten years.
4.The EE bond had fully matured after 30 years and was no longer earning income.
As a result, it’s ideal to cash it in or reinvest it so that your money can begin to work for you again.
Q: I purchased savings bonds several years ago but never received them.
How do I go about getting my money?
These are referred classified as “undeliverable” bonds by the Treasury Department.
The answer is to request a manual search once more. You can fill out a request form or call 1-800-553-2663 to do so.
Q: I have a record of the dates and types of savings bonds that I possess.
How can I tell if they’re no longer earning interest?
A: The Treasury Department’s website has charts that will show you.
Still undecided?
The Treasury’s “Bond Wizard” is a good place to start.
The Series H bonds, which were issued from June 1952 to January 1957, pay interest for 29 years and 8 months.
What happens to savings bonds that aren’t claimed?
The majority of savings bonds have a 20- to 40-year original maturity. The Bureau does not notify bondholders when savings bonds reach their final maturity and stop earning interest. The Bureau has no active program to find bondholders and pay them the proceeds to which they are due for fully matured notes that have not been redeemed. The registered owner has traditionally been responsible for remembering to redeem the matured bond decades after the initial purchase. As a result, the US Treasury holds around $26 billion in matured savings bonds that have gone unclaimed.