Savings Bonds
work? • Youcanbuybondsfor aslittle $25 for a $50 bond. • You pay ½ of the face amount. • Bonds will mature in 20 years or sooner (based on the interest rate). • They pay interest up to 30 years. • You must hold them 1 year before you can cash them in. • If you hold them less than 5 years; you will be penalized 3 months interest. • An individual may only purchase up to $30,000 ... ................
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