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Do all savings bonds provide their value immediately upon maturation? In other words, do any savings bonds have to be processed through the government before the money can be given to you or is the money for a mature savings bond available immediately from whichever financial institution through which you redeem it?

2006-09-17 14:37:44 · 1 answers · asked by bond girl 1 in Business & Finance Investing

1 answers

In order to cash in the savings bond, you have to give them your SS#. They figure out the INCOME that you made on the bonds and report that income to the IRS.

I don't think there's anyway around it.

2006-09-17 15:23:07 · answer #1 · answered by HowlnWoof 4 · 0 0

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