Cartier Watches

ks314gq439 · Wysłany: Pon 4:13, 28 Mar 2011 Temat postu: Cartier Watches

ter a savings bond reaches its original maturity, it automatically enters one or more extension periods, usually of ten years duration. For bonds issued before May 1995, the interest is either based on a guaranteed yield or a market-based rate. If a guaranteed rate applies,[link widoczny dla zalogowanych], it is the one in effect at the time the bond entered the extension period. If the bond was issued after April 1995,[link widoczny dla zalogowanych], there is no guaranteed minimum yield,[link widoczny dla zalogowanych], but instead a market rate of interest based on the rules applying to savings bonds at the time they enter the extension period. Savings bonds stop earning interest when they reach final maturity. For Series EE bonds, that is 30 years, and for Series HH bonds, it is 20 years. PART ONE: Maximizing Your Investment Options Figure 5.9 Savings Bond Source: Courtesy of the United States Savings Bonds Division, Department of the Treasury. CHAPTER 5: All about Bonds . Savings bond interest is exempt from state and local income and personal property tax. You owe federal income tax on the interest earned when you redeem the bonds. When you cash in a savings bond at a bank,[link widoczny dla zalogowanych], you will receive a Form 1099 INT from the bank telling you how much interest to report on your federal income tax return. Savings bond principal and interest are also subject to gift, estate, inheritance, and other federal and state excise taxes. . You can swap noninterest-bearing Series EE bonds for a minimum of $500 worth of Series HH bonds, which pay cash interest at a 4 percent rate. You mus
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