Archive for April, 2008
Savings Bonds Advice
April 9th, 2008
Question: How do you cash a US Savings Bond if your name is not on there?
My parents bought me a number of US Savings Bonds when I was a little kid in anticipation of giving them to me as a present when I matured. Well I recently tried to goto a bank and cash them and I was out of luck because not all of the bonds have my name on them, some of them had my mom and some of them had my dads name on there. Some even said PUD and my name. Any advice??
Answer: you can’t cash the one with your parents name and the others it is not PUD it is POD (paid on death) so once they die you will be ok!!!!
Bond Investing : How Do Savings Bonds Work?
Posted in Savings Bonds | 
Tags: finance, financial, investing, investment, money, savings bonds advice | 
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Incorrect Information on US Savings Bonds
April 8th, 2008
Us Savings Bonds Name Change:
If my name has changed due divorce, do I need to have my US Savings Bonds reissued?
What if the address on the US Savings Bonds are incorrect?
What if the social security on the US savings bond is incorrect?
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the serial numbers, issue dates, denominations, and registration of the bonds, and
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the incorrect and correct Social Security Numbers so we can update our records.
to:
Division of Accounting Services
Accrual Securities Accounting Branch
Accrual Operations Section
Bureau of the Public Debt
Parkersburg, WV. 26106-7012
Posted in US Savings Bonds |
Tags: incorrect information savings bonds, Savings Bonds, us savings bond |
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Savings Bonds Redemption Value
April 7th, 2008
Question: Are there any types of Savings Bonds that are not available for immediate redemption upon maturation?
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?
Answer: 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.