Savings Bonds are issued and supported by the US Government. The bonds are investments accepted and subject to growth, under the supervision of the Government. The bonds are available for a meager $25 and can amount to even up to $15,000 worth of the EE series and $30,000 worth of the ‘I’ series offered. The bonds can be bought at your place of employment or at a bank or even online. The bond value can be calculated with the help of a special Savings Bond Calculator made available by the US Department of Treasury’s Bureau of Public Debt.
The Savings Bonds Calculator fields comprises of all the information printed on the bond at the time of purchase. This includes:
• Serial Number–The number found in the lower right corner of the savings bond. This information is important for record-keeping.
• ‘Value as of’ date–When you first operate the Savings Bond Calculator, it displays the worth of the bonds currently. If you wish to access future values, you simply change the 'Value as of' date on the calculator.
• Series–The series of the bond is displayed to be able to ascertain the values for specific series like EE, I, E, and Savings Notes.
• Denomination–The face value of the bond is printed on the upper left corner of your bond.
• Date of issue–The date, month and year of issue is printed on the right side of the bond.
• Total Price–The total investment made.
• Interest–The amount of interest earned by each bond.
All of the information the government provides is very technical and straight forward data, and at times, its hard to determine exactly what you should do with your investment. While the gov's calculator provides values and interest rates, it lacks the general ability to advise you on what to actually do with your bonds.
I would recommend visiting www.SavingsBonds.com to learn not only the value of your US Savings bonds, but what to do with your bonds when you need the money or are thinking of cashing them in. The service there, the Savings Bond Guru, has a free trial that allows you to enter your bonds in to immediately get a color-coded, advice loaded, report.