Series HH bonds were a type ofsavings bondprogram, offered by the U.S. Treasury, that regularly paid out interest to investors. They worked differently fromSeries EE savings bonds, which instead added that interest income back to the principal value of the bond. ...
gs Bonds, Series HH Offering of United States Savings Bonds, Series HHOffering of United States Savings Bonds, Series HHDonald V. Hammond
If you want to begin investing in Series EE savings bonds, this list of The Balance's articles, resources, and guides is a must-read. Covering everything from tax benefits to basic definitions, it'll teach you everything you'll want to know—including how easy it is to add these ...
Department of the Treasury, effective from January 1, 2012, for ceasing over-the-counter sales of definitive savings bonds in the country. It informs that the action will reduce program costs, enhance customer service and minimize environmental impact. It also discusses the procedural requirements ...
Series EE 30 years Series HH 20 years Series A, B, C, D, E, F, G, H, J, K Bonds from these series are no longer issued or earning interest but may be eligible for redemptionSource: TreasuryDirect The process for cashing in a bond will differ depending on whether you have electroni...
Taxation of Savings BondsBond interest is reported on Form 1099-INT. The interest earned from savings bonds is not subject to state or local taxes but is subject to federal taxes in the year of redemption or maturity. So, for instance, the last issue of Series E bonds has matured in ...
Series I bonds are sold at face value and earn a real rate of return that's guaranteed to exceed the rate of inflation during the term of the bond. Existing Series HH bonds earn interest to maturity, but no new Series HH bonds are being issued. ...
For paper Series I Savings Bonds purchased through IRS tax refunds the purchase limit is $5,000, which is in addition to the online purchase limit. Additionally, the Treasury formerly offered Series HH bonds, which were "current income" bonds. Unlike Series EE and I bonds, they did not ...
Series HHbonds are no longer available for purchase. The U.S. government discontinued these bonds as of Aug. 31, 2004. Bonds that didn't mature continued to receive interest payments. The Series HH bond were 20-year, non-marketable savings bond issued by the U.S. government. Series EE U...
The Series EE savings bond has a fixed interest rate of return.3 The U.S. government commits that Series EE bonds will double its face value by the 20-year maturity.4 The Series I savings bond has no guarantee of value at maturity. ...