Want this question answered?
Cash a savings bond at any bank.
The bond's value increases over a period of time until you decide to cash it in.
One can find a US Savings Bond Calculator online. The treasury provides websites with US Savings Bond Calculators as well as aid for one to learn about the bonds.
Savings bonds can only be bought from the US Treasury. See link below for the Treasury's web page explaining about buying savings bonds.
The estate will have to cash the savings bond in and then distribute the earnings.
borrow money
You will need to go the US bond website and you can purchase the bond online. You will need to get the information of the person you are getting it to and what the age of the person.
Cash a savings bond at any bank.
The bond's value increases over a period of time until you decide to cash it in.
One can find a US Savings Bond Calculator online. The treasury provides websites with US Savings Bond Calculators as well as aid for one to learn about the bonds.
Savings bonds can only be bought from the US Treasury. See link below for the Treasury's web page explaining about buying savings bonds.
http://www.savings-bond-advisor.com/savings-bond-calculator/#calc
Ok when you buy a saving bond you are giving money to the US and over time you are expected to get more money out of the savings bond than you bought it for. Like you bought a $10 saving bond 20 years ago. When you go to cash it in you expect to get $35. But im not sure about the rates.
BORROW MONEY
The estate will have to cash the savings bond in and then distribute the earnings.
As of June 2014, a 50 dollar 1972 US Savings Bond issued in January is worth 251.76 dollars. The same bond issued in December of that year is worth 256.66 dollars.
111.00