At what interest rate does the government need to pay you when they owe you money?

Question

My mother purchased a bail bond of $2500 about 27 years ago and the government just contacted her, that she is due that money back plus interest. She never asked how much interest was paid out so I was wondering if anybody knew at what rate the interest is paid and is it calculated monthly or yearly. My mom wants to start making plans for that money.. pretty cool huh!

Answer 1

Don't worry, the feds will find a way to keep the money.