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Planning for the Right Time To Redeem Old EE Bonds

Thursday, June 10, 2010 - 6:49 PM
If you have old EE Bonds, you may want to wait until 17 years before you redeem them. As described by Dr. Don in this Bankrate article:
These issues were guaranteed to double in value after 17 years. If the interest earnings are not high enough to make that happen, a one-time adjustment is made at year 17.

Dr. Don recommends using the TreasuryDirect Wizard to determine the savings bond interest. I actually prefer their calculator since it doesn't require downloading and installing software.
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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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