How Can I Calculate The Present Worth Of My Savings Bond From The Comfort Of My Home?
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US Savings Bonds are competitive, safe, affordable, convenient and accessible investment opportunities offered by the US Government that come with the popular 'tax exemption' too. The interest on the Savings Bonds accrues on a monthly basis and compounds every six months. The bonds are available at the banks and online. The calculation of the value of the bonds can be done at your convenience and whenever you wish by employing the special Savings Bond Calculator initiated by the US Department of Treasury's Bureau of Public Debt.
To be able to calculate the present value of your Savings Bond from the comfort of your home you can simply use the Savings bond calculator available free, online. The following are the simple steps you need to implement, to access the current value of the bond:
- Access the Savings Bond Calculator home page and click on 'get started'.
- Choose the series and the denomination of the bond in your custody.
- Enter the 'date of issue' that is printed on your bond document.
- Click on the 'calculate' button and that's it!
If you maintain an inventory of the bonds you have purchased, the calculation for each should be done in the similar manner and the calculator maintains an update.
answered 2 years ago
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