Cashing the wrong savings bonds can hurt your financial future


Did you know not all savings bonds earn the same rate of interest? AND, did you know that there are more than 50 different interest rates for EE Bonds since they began being issued in 1980?

If you didn't know these two small but very important facts about savings bonds, you're not alone.

The majority of savings bond owners have a difficult time keeping track of the different rules and regulations concerning their rainy day investment. Unfortunately, rainy days are upon us, and with the gloom and doom of the recession hanging over our heads, many savings bond owners are rushing to their banks to cash in at least some of their savings bonds.