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1.
If you invested in a Series EE bond in 1998, you can keep your initial investment earning interest in a tax-sheltered bond until ______.
2028. Your Series EE bond will earn interest for 30 years.
2.
A friend mentions that his savings bonds are based on the rate of Treasury securities. Your friend owns _______.
Series EE bonds. Series EE bonds pay 90 percent of the six-month average yield on five-year Treasury securities.
3.
Savings bonds are accessible to many people, since they are available online and are affordable, having a low minimum purchase price and _______.
No seller's commissions. There are no fees or commissions added to the purchase prices of savings bonds.
4.
The US government established savings bonds to _______.
Pay for expenses related to World War II. The US government began issuing savings bonds in 1941, using movies, posters, and other media to publicize the effort.
5.
If you redeem a Series EE savings bond that you have held for less than five years, _______.
You will be penalized with the loss of three months' interest. This is the current penalty.
6.
You can purchase a maximum of $10,000 in series EE bonds in a single calendar year.
True. You may buy up to a face value maximum of $10,000 in series EE bonds annually.
