Ask Terry Questions series EE versus treasury bills

series EE versus treasury bills

By Terry Savage on November 04, 2023 | Chicken Money

Terry, I thought I heard you on the radio……my kids have 30 yr EE bonds, that don’t fully mature for another TEN years. About $1000 worth. Should we cash them in and use the money to buy 6 month T-bills? Probably answered my own question? Thank you

joe

Terry Says

All series EE bonds have a final maturity of 30 years. I’m assuming you bought these bonds less than 30 years ago. Hang on to them because they likely came with a higher fixed rate unavailable today. Cash them in only at maturity.

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