It depends on the series as to how much they will pay out when they mature. my daughter had two series EE if she has held on to them for ...I think 15 years they would have been fully matured paying double what the face value was, but because she cashed them in early she only got what the face value was.
You have to hold them for X amount of years after so many years they are mature (again depends on the series). When they mature is when they can be cashed in for up to double the face value. ↑ |
we have like 10 of them for braden and trust funds. we paid 500 and theyre worth 1000$ best bet is to save them. ↑ |
Well we are deff going to save them, this one is an EE series worth $100
so there is no specific time to cash them it, it just cant be over 30 years right?
it says interest ceases 30 years from issue date ↑ |