How long can you cash in a savings bond?

Cashing in a savings bond (Series EE or Series I) is relatively easy. But you can’t cash one in until you’ve had it for at least one year. And if you cash it in before it’s 5 years old, there’s a penalty.

Should you cash in a savings bond?

Cashing in a savings bond can provide fast access to cash when you need it. But if the bond is only a few years old, cashing it in could mean losing interest earnings, along with future growth.

Can you buy a savings bond?

Today, you can buy two types of savings bonds: Series EE and Series I bonds. Both earn interest over time, up to their date of maturity — 30 years. You have to wait at least 12 months from the date of purchase to cash in a savings bond (there’s one exception, which is if you’re affected by a natural disaster).