Series EE and Series I Savings Bonds do not perform the same nor do they earn the same interest rates. To determine which bond is right for you, check out the comparison chart of EE and I Savings Bonds.
|EE Bonds||I Bonds|
|Purchasing Bonds||Sold at face value||Sold at face value|
|Denominations||Any value greater than $25.00||Any value greater than $25.00|
|Purchase Limits||$10,000 electronically annually||$10,000 electronically annually*|
|Interest Rates||Fixed||Fixed & Variable|
|Interest Earnings||Earned monthly, compounded semiannually||Earned monthly, compounded semiannually|
|Final Maturity||30 years||30 years|
|Taxes||Must be federally reported for the year when redeemed, reach final maturity, or change primary ownership. No state or local tax applies||Must be federally reported for the year when redeemed, reach final maturity, or change primary ownership. No state or local tax applies|
|Tax Free For Education||Available, See Education Bonds||Available, See Education Bonds|
|Redemptions||Can be redeemed after 12 months||Can be redeemed after 12 months|
|Early Redemption Penalty||3-month interest penalty if redeemed before 5 years||3-month interest penalty if redeemed before 5 years|
*Additionally, up to $5,000 in paper I Bonds annually using your IRS tax refund. Note: You must file government forms to request the paper I Bonds using your tax refund.
Marketing & Editorial Director at SavingsBonds.com
Jackie Brahney is the Marketing and Editorial Director and most notably, an U.S. Savings Bond Expert for SavingsBonds.com. Since 1991, she has done extensive research on savings bonds and state of the art savings bond valuation systems, and heads the company's public relations and marketing initiatives.
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