The bond will be worth its face value at maturity. Most mature in 7 to 10 years. One good thing about U.S. Savings Bonds is that taxable interest is deferred until maturity or until you redeem the bond. Many types of mutual funds are also available, each designed to meet the needs of different investors. Buying mutual fund shares is an excellent investment choice.
Interest rates are generally higher than rates on regular savings accounts.
A professional financial advisor can help you decide which mutual fund is best for you. You can buy a CD with different terms ranging from 90 days to 10 years. Like Series EE savings bonds, interest is tax deferred until maturity. You do not have to be wealthy or rich to buy stocks. This option is available to anyone regardless of income.