Who gets my savings bonds if I die?

The bond is part of the estate of the person who died last. The surviving person becomes the owner as if the survivor had been the only owner from the time the bond was issued.

How do I know if my bonds have matured?

To see if your bond has matured, start by looking at the series name on the upper right corner of the bond. If it’s a series E or series H bond, then it’s matured, as all of those bonds are no longer being issued and all the existing ones have already hit their maturity date.

Do savings bonds mature at the beginning or end of the month?

U.S. Series EE Savings Bonds reach their full maturity date exactly 30 years after their date of purchase. With that in mind, you can calculate the maturity date on your bond by locating the original date of purchase and adding 30 years.

How do I search for savings bonds in my name?

You can locate any outstanding or unclaimed savings bonds in your name by consulting with the TreasuryDirect service operated by the federal government.

What happens to a savings bond after death?

To understand the tax implications of various situations related to the death of a savings bond owner, consult your tax advisor or these Internal Revenue Service (IRS) publications: A savings bond that has reached final maturity, or is within one month of reaching it, may not be reissued. It may be cashed.

Can a survivor of a savings bond be reissued?

If you are the survivor, you can convert your bond using SmartExchange. After it’s converted, the bond will be registered in your name alone. Series HH: These bonds are still reissued in paper form.

When does a series I savings bond mature?

A savings bond that has reached final maturity, or is within one month of reaching it, may not be reissued. It may be cashed. Series EE and Series I bonds mature 30 years after their issue date. Series HH bonds reach maturity 20 years after issue.

Is the interest on savings bonds still accruing?

If the bonds are still accruing interest, however, you have a decision to make. Depending on the type of bonds and when they were issued, the interest rate may be substantially higher than what other low-risk investments–such as Treasury bills, certificates of deposit, and money market funds–are now paying.