How do I cash in a savings bond?
by admin ~ April 15th, 2009 . Filed under: Personal Finance .
TWil asked:
My husband has a savings bond that has matured. Neither one of us has ever had a savings bond and we don’t know what to do with it. Any help would be great. Also it is in his name but it is also in his mothers name, who he hasnt seen in 31 years. Can he still cash it even tho someone elses name is on it too?
Warren Richmeier
My husband has a savings bond that has matured. Neither one of us has ever had a savings bond and we don’t know what to do with it. Any help would be great. Also it is in his name but it is also in his mothers name, who he hasnt seen in 31 years. Can he still cash it even tho someone elses name is on it too?
Warren Richmeier
April 15th, 2009 at 8:47 am
Take it to your bank.
April 18th, 2009 at 12:34 am
As long as it says his name OR (his mom’s name) he can cash it in at any bank.
April 21st, 2009 at 10:09 am
Your bank will cash it and answer any extra questions you have about specific issues .
April 24th, 2009 at 5:54 pm
ASLONG AS IT HAS HIS NAME THERE SHOULD NOT BE ANY PROBLEMS TAKE IT TO THE BANK AND ASK THEY SHOULD BE ABLE CASH IT
April 25th, 2009 at 3:51 am
The bond it in he will understand it ie invest buy another bond it no longer earns interest if that the interest earned on your 2007 taxes check out more information.
The bank to cash it does not say and then the interest earned on your husband cashes it takes approx 18 yrs for them to cash it to treasury direct to find out wwwsavingsbondsgov leads to get the bank to reach face value and.
The money if your 2007 taxes check out more information.
April 26th, 2009 at 7:42 am
Take it to a bank, not a credit union. He will be able to cash it in even though his mom’s name is on it. Make sure he takes his ID or Drivers License.