@mitchden1 wrote:
I'm a little confused. I thought interest is only "earned" every 6 months. If I cashed the savings bond in Jan. , Feb. March. April or May, I would have gotten $0.28 less than cashing it in June. June was the end of the 6-month period and also the 30-year end.
Be aware that the government has changed the rules on interest calculations several times, so for a bond issued in 1994, you need to know what the 1994 rules were, not what the rules are today.
