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When can I take out my savings bond?
I just got the savings bonds in March/ April 2010 (which is this month). It was from winning a Science fair. Its worth $500 and i really can't wait very long. You see, I' from another country and i participated in an American Science Fair. The problem is I'm going back to my country on August 2010. I know i can take the money out sometime in my own country but it would be charged 25% tax in my country if i send money there. So just wondering when is the nearest possible time I can take it out.
Thank you very much for your opinion =) it is greatly aprciated
2 Answers
- Howard LLv 71 decade ago
Savings bonds must be held a minimum of one year. Scroll down to liquidity, about the third paragraph in the link.
- 1 decade ago
Sorry but I think its going to be a couple years before you can take the money.Once again sorry.
Source(s): Me myself and I... but I might be wrong
