state bonds rates
|√ at a glance|
|What is an EE bond?
(EE bonds issued from May 2005 on)
These EE bonds earn the same rate of interest (a fixed rate) for up to 30 years. When you buy the bond, you know what rate of interest it will earn. Treasury announces the rate each May 1 and November 1 for new EE bonds.
|Were older EE bonds different?||
Yes. EE bonds bought from May 1997 through April 2005 earn a rate of interest that changes every six months (a variable rate). EE bonds bought before May 1997 earn interest at different rates depending on when they were bought.
|If I buy an EE bond now, what interest will it earn?||
The interest rate for bonds bought from May 1, 2017 through October 31, 2017, is an annual rate of 0.10%.
|Is it taxable?||
Federal income tax: Yes
State and local income tax: No
$25 for a $25 EE bond.
$10, 000 each calendar year for each Social Security Number.
Any amount from $25 to $10, 000 to the penny. For example, you could buy an EE Bond for $50.23.
|How long must I keep an EE Bond?||
EE bonds earn interest for up to 30 years.
You can cash them after 1 year. But if you cash them before 5 years, you lose the last 3 months' interest. (For example, if you cash an EE bond after 18 months, you get the first 15 months of interest.)
|How do I buy an EE Bond?||
You can arrange to buy through payroll direct deposit. See .
|What about E bonds?|