Does Savings Bond Calculator include penalties?

Wednesday, August 9th, 2006
Categorized as: Cashing in US Savings BondsCurrent value of a US Savings Bond

My I bonds are less than five years old. Does your Savings Bond Calculator take into consideration the three-month interest penalty for redemption before five years or does it give a bond’s actual value?

Tom’s response

Our Savings Bond Calculator shows redemption values - the actual amount of money you’ll get if you redeem a bond. The three-month interest penalty has already been deducted from the bond’s actual value to come up with these redemption values.

Rate this post (1 to 5 stars): 1 Star2 Stars3 Stars4 Stars5 Stars
(Average rating: 5.00 stars)
Loading...

FDIC Insured Certificates of Deposit can pay 1 or 2% more than savings bonds when held for a similar length of time. See top CD Rates Below:

No comments yet.

Comments Closed

June 1, 2010

After six years, over 400 posts, 3,680 real comments, and over 90,000 spam comments (thank you, Akismet, for making managing a blog with comments possible), I am closing public comments on Savings-Bond-Advisor.com. I will contine to update the main articles on this site, but not the comments.

Virtually every question about Savings Bonds has been asked and answered on this site multiple times. Use the search feature (see the box in the gray area near the top of this page) or the detailed menu on the lower part of the home page to find the information you're looking for.

Tom Adams

Savings Bond Calculator



Help

Savings Bond
Questions

Get an answer to your questions from the Treasury's Savings Bonds team.

Click below to ask a question.

Ask the Treasury