Savings Bonds Which Have Stopped Earning Interest

The Treasury Department announced earlier this month the new rates for savings bonds. Purchasers of the Series I savings bond will earn a fixed rate of 0.70% and an inflation-adjusted rate of 4.92%. The inflation-adjustment is reset every six months. New buyers of the Series EE bonds will earn a rate of 1.30, while current holders of the Series EE bonds will continue to earn their stated rate at the time of purchase. The Treasury Department resets the rates on the Series EE bonds every six months. Millions of Americans have inherited or been gifted savings bonds which no longer are earning interest including the following issues:

Series E Savings Bonds issued from May 1941 - November 1978

Series H Savings Bonds issued from June 1952 - November 1978

Series HH Savings Bonds issued from January 1980 - November 1988

Savings Notes issued from May 1967 - November 1970

All Series A, Series B, Series C, Series D, Series F, Series G, Series J, Series K Savings Bonds have stopped earning interest

The easisest way to redeem old savings bonds is to take them to a bank where you have an account. As long as you bring proper identification you should be able to cash them at their current value.