I recieved a lot of savings bonds as gifts, but I dont have any paper showing so. What can I do to retrieve this information, and cash in my bonds?
2006-06-26 09:01:14 · 4 answers · asked by Ginabeana 2 in Business & Finance ➔ Personal Finance
I dont actually have the bond papers. That is my problem!
2006-06-26 09:08:47 · update #1
As long as you have the savings bonds and they have your name on them, you only have to take them to a bank. With you proper ID they will be able to cash them in for you and will be able to give you the proper interest. They stop earning interest after a certain amount of time, so don't let them hang on for say 25 year thinking you'll earn lots of money, you do better investing them or putting them in a mutual fund.
2006-06-26 09:06:17 · answer #1 · answered by teamkimme 6 · 0⤊ 0⤋
So, you are saying that you have no proof of ownership of any savings bonds? How do you know whether or not they have been cashed in already?
Go to the Official US Savings Bonds website: http://www.publicdebt.treas.gov
and you will find out more information there about lost bonds, how to redeem savings bonds, etc.
Good luck
2006-06-26 09:11:21 · answer #2 · answered by ps2754 5 · 0⤊ 0⤋
Sounds to me like your buddy extremely desires the money now for the baby. i become given a value reductions bond at the same time as i become born and that i imagine it continues to be sitting in my filing cupboard (i'm 28). My father and mom had it for see you later saved away someplace and then they gave it to me which I put in my lockbox. I forgot about it. guess I might want to funds that. i might want to purchase a tank of gas! What i'm putting forward is that even if in case you provide them a value reductions bond with the target of them putting it in a school fund it probably gained't finally end up there espcially in the experience that they are as strapped for funds as you're saying. they'd even funds it only to pay for the youngsters now. also, a wedding ceremony and having a touch one is two separate occassions and both deserve separate presents. i'd provide them money for the marriage (which they are going to probably positioned away for the youngsters besides) and then provide her a touch present for the baby bathe. infant clothing and diapers continually make tremendous presents provided that diapers cost a lot. besides that's my 2 cents. i understand you'll come to a sensible decision.
2016-11-15 07:10:18 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Just present the bonds to a nationally chartered bank and its a done deal.
2006-06-26 10:00:18 · answer #4 · answered by MTB 1 · 0⤊ 0⤋