US Savings Bonds

Posts Tagged ‘savings bonds lost stolen’

Question: Are my parents allowed to keep my Savings Bonds?

I am 21 years old. My dad bought me Savings Bonds when I was little to use for college. They wont give it to me unless I sign a power of attorney. They are not trying to steal my money or anything like that–they just want to make sure that it is used for college. So LEGALLY am i allowed to just demand them. I would rather pay off some debt with it and start a savings for a car. 21 years old and not having a car is kinda hard. I’ve been riding the bus and bike all this time while living on my own and attending college. I am in the process of taking out loans for college. Please just answer if i am LEGALLY allowed to demand them? I do not want to take it to court ( no money to do so-plus they are my parents) … can I just file the Savings Bonds as “lost’ since my parents refuse to give them to me? Thanks.

Answer: If it will cause a fight, don’t bother demanding them. The link below contains instructions for replacing ‘lost, stolen, or destroyed Savings Bonds‘.

John Anderson for US Congress, OH 7th District – National Debt

Question: I lost my savings bond. Any way I can still use it?

My Papa purchased a savings bond for me and we are looking to cash it in. He lost the actual document but is there any way we can still use the savings bond? Like can the government give out new authorization?

Answer: To replace a missing savings bond, or request its redemption, please complete form PDF 1048, available on the Bureau of the Public Debt’s web site at http://www.treasurydirect.gov/NC/FoRMSHome?FormType=SBF&site=indiv#Reissue%20Forms

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