U.S. Savings Bonds

U.S. Savings Bonds are government-backed securities that help individuals save money while earning interest. When you buy a savings bond, you're essentially lending money to the U.S. government, and in return, you receive a promise to be paid back a set amount after a certain period, plus interest. There are two main types: Series EE, which doubles your investment over 20 years, and Series I, which adjusts for inflation. Savings bonds are low-risk, can be bought online or in paper form, and are often used for savings goals, education, or gifts. They offer a straightforward way to save and grow money securely.