Investing Information

How to determine the value of your u.s. savings bonds - investing

 

If you're like many Americans over the age of 55, you've doubtless had money taken out of your paychecks for years and years in order to asset U. S. savings bonds. Those bonds are in all probability session in a safe deposit box at your local bank or in a drawer carefully tucked away at home. But, while you might know where those bonds are right now, do you have any idea how much they are in fact worth?

It seems to be a fact of life that World War II-era Americans purchased U. S. savings bonds for any amount of reasons. First, it was the devoted thing to do. America considered necessary the money to aid the war energy and Americans were more than disposed to lend their support. Second, it was an exceptional way to save for retirement, or for a child's education, or for any other reason. Third, the appeal paid on U. S. savings bonds was competitive and the pay taxes were delayed until the bonds were in point of fact cashed in.

For some reason, though, many of the U. S. savings bonds that were sold never did get cashed in until after the owner's death. Then, a ancestors associate would ascertain them and awe how much they were in reality worth.

Of course, if you're in that location today, you could take the bonds to your local bank and have them appear it out. But, there is a new way to get the information. The Chest of drawers of the Communal Debt, Branch of the Treasury, has a web site that provides all that information, together with a calculator with directives so that you can amount out how much your bonds are worth today - and you can do it all by yourself.

So, if you have any questions about your savings bonds, go to http://www. publicdebt. treas. gov/. And don't not remember to bookmark the site for expectations reference.

Attorney Michael Pancheri is the come to nothing and CEO of the Breathing Trust Network. You may associate him at once by email at info@livingtrustnetwork. com. You may also commerce at the Existing Trust Network's web site. Its URL is http://www. livingtrustnetwork. com

Copyright 2005. LivingTrustNetwork, LLC.


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