When does a savings bond reach maturity?

Answer by  Munawer (365)

The savings bonds are normally classified by their maturity. Maturity is calculated from the date of issuance which is specified on the bond.

Answer by  daddy31 (304)

There are several different forms of savings bonds. Each one has their ownn protocols. I would contact my savings bond provider to find more details.

Answer by  mn (14)

Savings bond maturity is the date when the bond will stop earning interest.Bonds of all types have values face depending upon the date of maturity,therefore, it would be advised to redeem matured bonds and put the money back to work for the holder.Federal tax require all interest income to be reported for the year of final maturity.

Answer by  bjs555 (42)

There are two types of savings bonds, EE Bonds and I Bonds. EE Bonds mature in 20 years. I Bonds mature in 30 years.