Ask Terry Questions US Savings Bonds

US Savings Bonds

By Terry Savage on April 24, 2026 | Chicken Money

Is now a good time to convert EE bonds to I Bonds?

Terry Says

That depends on the length of time you’ve held the EE bonds (they mature after 30 years) and the base rate or “floor” on which the inflation adjustments are made.
Go to TreasuryDirect.gov to learn the base rate and current value of your bonds.
This article explains how EE bonds work:

https://www.treasurydirect.gov/news/2005/release-04-04/

If you have old paper bonds, here is how you cash them in:
https://www.treasurydirect.gov/forms/sav0022.pdf

But remember, you’ll have to pay taxes on all the accrued income on those bonds. Then if you want you can purchase I bonds. And depending on how many bonds you own, be careful this doesn’t move you into a higher tax bracket, or a higher Medicare premium payment.

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