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.
Cash a savings bond at any bank.
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.
http://www.savings-bond-advisor.com/savings-bond-calculator/#calc
The estate will have to cash the savings bond in and then distribute the earnings.
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.
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
It means "pay on death" and it's used to declare a beneficiary for the bond.
It is possible to reassign a bond. However it is not possible to reassign a US bond before maturity without a penalty fee.
Where can I cash in a Seafirst savings bond
The US Treasury no longer offers paper savings bonds. In order to purchase a savings bond, you will need to register at their website and purchase digital savings bonds.
It means "pay on death" and it's used to declare a beneficiary for the bond.