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TIME IS RUNNING out for HH savings bonds and investors who may want them. At the end of this month, the federal government will stop issuing new HH bonds, which were introduced 24 years ago. The HH… ...
Savings bonds have a low-risk, low-reward structure that benefits patient investors. See what to consider before investing.
WASHINGTON -- The Treasury Department said it will stop issuing Series HH savings bonds after Aug. 31 and invest the money saved in its online savings-bond program. Treasury last May announced ...
The Treasury department quietly slashed the interest rate on Series HH savings bonds late last month to 1.5% from 4%, surprising some investors. The bonds, which can be acquired only in exchange ...
NEW YORK - For years, Americans who invested in U.S. Savings Bonds had a safe haven if they didn’t want to cash in their maturing securities and pay taxes on their earnings - the Series HH bonds.
But, alas, there are no longer HH Bonds in which to invest and defer payment of the interest accrued by the EEs. Any chance that the US Treasury will bring them back?
Savers traditionally have swapped maturing H, E and EE bonds for HH bonds to get up to 20 additional years of earnings before the taxes on their original investments came due.
More and more people are swapping their Series EE savings bonds for Series HH. The reason, mainly, is that Series HH bonds are paying 4 percent interest. And in today's environment of low interest ...
New HH savings bonds, which have a 20-year interest-bearing life, won't be offered after Aug. 31, the department said Wednesday. Existing HH bonds will continue to earn interest until they reach ...
HH bonds earn interest for 20 years, so any of those bonds purchased from January 1980 through July 1996 have stopped earning interest.