Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
EE bond ladder starting to mature this year
Old 04-14-2015, 08:47 PM   #1
Thinks s/he gets paid by the post
Lakewood90712's Avatar
 
Join Date: Jul 2005
Posts: 1,316
EE bond ladder starting to mature this year

Gee this makes me feel old L.O.L.

Some of those EE bonds I bought with payroll deduction at Megacorp, are starting to mature. Treasury website says you have to redeem, no more HH bonds. I don't recall if HH kept the original EE rate back when they still were offered.
__________________

__________________
“The finance industry is 5% rational people and 95% shamans and faith healers.” - Charlie Munger
Lakewood90712 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-15-2015, 03:14 PM   #2
Recycles dryer sheets
 
Join Date: Jun 2010
Location: Southwest Florida
Posts: 325
Are you asking a question? Once your EE Bonds mature there's nothing you can do but redeem them and pay the tax. The former option with H Bonds is gone.
Bruce
__________________

__________________
Gill is offline   Reply With Quote
Old 04-15-2015, 03:24 PM   #3
Recycles dryer sheets
 
Join Date: Aug 2010
Posts: 322
^^^ What he said. redeem, take your lumps, and move on. I've moved mine to iBonds - pretty easy to do while you are there.
__________________
"Time wounds all heels...." - Groucho Marx
LRDave is offline   Reply With Quote
Old 04-15-2015, 04:17 PM   #4
Thinks s/he gets paid by the post
Lakewood90712's Avatar
 
Join Date: Jul 2005
Posts: 1,316
Quote:
Originally Posted by MBMiner View Post
Are you asking a question? Once your EE Bonds mature there's nothing you can do but redeem them and pay the tax. The former option with H Bonds is gone.
Bruce
I know the H series conversions went away long ago. Back when they were available, was the rate the same as the maturing E ? , or the current rate ?.

Just by dumb luck, I loaded up on I bonds when rates were high, even better, at the time, you could buy them with credit cards , and got a whole lot of "Airmiles" .
__________________
“The finance industry is 5% rational people and 95% shamans and faith healers.” - Charlie Munger
Lakewood90712 is offline   Reply With Quote
Old 04-15-2015, 04:24 PM   #5
Recycles dryer sheets
 
Join Date: Jun 2010
Location: Southwest Florida
Posts: 325
Quote:
Originally Posted by Lakewood90712 View Post
Back when they were available, was the rate the same as the maturing E ? , or the current rate ?.
It was just the current rate on the H Bonds. The appeal at the time was it avoided recognizing the income on the E Bonds. I did it for my mother and then redeemed the H Bonds during her final years when she was deducting huige medical expenses and therefore there was no tax ever paid on the interest.
Bruce
__________________
Gill is offline   Reply With Quote
Reply

Tags
ee bonds, hh bonds


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Target Maturity Bond ETF for a bond ladder. GravitySucks FIRE and Money 4 03-05-2015 05:25 PM
starting TIPS ladder in Roth want2er FIRE and Money 25 09-30-2010 09:03 AM
Poll-What Are Your Favorite Mature Greens? haha Other topics 33 08-05-2008 12:10 AM
Another, more 'mature' business opportunity? thefed Other topics 22 07-16-2007 09:45 AM
Ladder vs Short Term Bond Fund WilliamG FIRE and Money 10 03-12-2005 04:25 AM

 

 
All times are GMT -6. The time now is 12:26 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.