Bond Calculator
About Savings Bonds
Series I Bonds POPULAR
Designed to protect your money from inflation. The interest rate is a combination of a fixed rate and a variable rate that changes every May and November based on the Consumer Price Index (CPI).
Series EE Bonds STABLE
Known as "Patriot Bonds," these earn a fixed rate of interest. The U.S. Treasury guarantees they will double in value if you hold them for 20 years.
The 5-Year Rule
If you cash in a bond before 5 years, you lose the last 3 months of interest as a penalty. After 5 years, there is no penalty.
Tax Advantages
Savings bond interest is exempt from state and local taxes. You only pay federal income tax.