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Series EE Bonds
- Safe
- Affordable
- Easy to purchase
- Make great gifts
- Multiple tax advantages
- Finance education
- Retirement planning
- Cost as little as $25 for a $50 bond
- Interest earned is exempt from State income tax
- Interest earned is deferred from Federal income tax until redeemed
- Protected earnings for up to 30 years
- Interest is compounded semiannually
- Earn 90% of the average yield on 5-year Treasury securities
- Rate changes every 6 months
- May cash after twelve months
- Three month interest penalty if redeemed within first five years
Series I Bonds
- Safe
- Affordable
- Multiple Tax advantages
- Make great gifts
- Easy to purchase
- Sold at face value
- Grow with inflation
- Protected earnings for up to 30 years
- Invest as little as $50 or as much as $30,000 per year
- Interest earned is exempt from State income tax
- Interest earned is deferred from Federal income tax until redeemed
- Interest is compounded semiannually
- Can be cashed after twelve months
- Three month interest penalty if redeemed within first five years
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Copyright © 2004 Kanabec State Bank
Phone: (320) 679-3131 · Fax: (320) 679-2808
730 Forest Avenue East · Mora, MN 55051