United States Savings Bonds have been one of the most popular ways for Americans to save for more than 75 years. As a result of purchases or gifts, more than 55 million people currently own approximately $180 billion in savings bonds.
But some savings bonds have quit earning interest. Savings bonds earn interest for different lengths of time, depending on the series and when the bond was issued. It is important to check any savings bonds you have to make sure they are still earning interest. This is especially true for the popular Series E bonds and savings notes. Many individuals have savings bonds stored away in safe deposit boxes or drawers and probably aren't aware of the maturity dates.