In addition to buying at TreasuryDirect, you also can buy Series I U.S. savings bonds with your tax refund. Use Form 8888 to purchase bonds with a portion of your refund. You must purchase in $50 increments, and you can get up to $5,000 in bonds at one time. Savings bonds have been a popular way for Americans to save since 1935 and are a great way to set aside money for family members. Many people received them as children but are unsure how or when to cash their savings bonds in order to get the maximum rate of return. You've come to the right place. Select from the following list of popular help topics or choose from the other help tools listed in the right-hand column. Watch our new TreasuryDirect demo on how to login to your account. Popular Help Topics. Setting Up an Account. What you need to apply. As an account owner, you can also convert paper savings bonds purchased as gifts for someone else, or bonds you have obtained through inheritance or other change in ownership. Account Managers for certain entities, including trusts, estates, and corporations, may open accounts and convert bonds in TreasuryDirect. To redeem a savings bond, visit your local bank and bring the bond and photo ID. If you don't have an account at the bank, you may need to also provide a signature. When you arrive, inform a representative at the bank that you'd like to redeem your bond. You can also redeem a savings bond online … When you buy the bond, you know what rate it will earn for at least the first 20 years. Treasury announces the rate for new bonds each May 1 and November 1. See: Comparing I Bonds to EE Bonds. Were older EE bonds different? Yes. EE bonds bought from May 1997 through April 2005 earn a rate of interest that changes every six months (a variable rate).
When buying a Series I or electronic Series EE bond, you pay the face value of the bond. It accrues interest until the bond matures. Ex: You pay $1,000 for a Purchasing Savings Bonds Online bonds through over-the-counter channels, it will effectively end the paper savings bond program, with one exception.
When you buy the bond, you know what rate it will earn for at least the first 20 years. Treasury announces the rate for new bonds each May 1 and November 1. See: Comparing I Bonds to EE Bonds. Were older EE bonds different? Yes. EE bonds bought from May 1997 through April 2005 earn a rate of interest that changes every six months (a variable rate).
If you want to invest in bonds online, first you have to research the bonds that interest you. After you’ve found the perfect individual bond, you need to know how to buy it. You can buy bonds in several ways: Buying straight from the government: If you’re interested in buying Treasuries, you can cut out […] For the most comprehensive help on buying savings bonds online go to TreasuryDirect’s Help page and get a demonstration on buying a gift savings bond.Also: Move with care. Be careful to click on How to Buy Savings Bonds. In 2012, everything relating to savings bonds was switched over to an online-only platform. TreasuryDirect, the U.S. Treasury Department’s official website, is where all savings bonds transactions now occur.You must create an account with TreasuryDirect to begin purchasing bonds. If you decide to go with a paper Series I savings bond, you must purchase it in the recipient’s name. You can buy gift bonds for anywhere from $25 to $10,000 each. Benefits and Risks of Savings Bonds. Savings bonds, regardless of type, come with minimal risk. The U.S. federal government backs them, a fact that affords them ample protection. You can buy Treasury securities using one convenient web–based account in an application we call TreasuryDirect. In TreasuryDirect, you conduct transactions online without personal assistance from us. You can purchase and hold savings bonds and marketable securities. You can buy new Treasury bonds online by visiting Treasury Direct. To set up a Treasury Direct account, you must be 18 or older and legally competent. You will need a valid Social Security Number, a U.S. address and an account at a U.S. bank. The Treasury does not collect fees nor does it mark up the bond’s price. How to Buy US Savings Bonds. US Savings bonds from the Department of the Treasury are a low-risk investment you can purchase for yourself or as a gift. The interest earned is exempt from state and local income taxes, though you must pay
4 Oct 2018 The benefits of buying savings bonds for your children provide them in establishing an online account for regular savings bond purchases. 15 Feb 2012 You can calculate their current value by using the Treasury Direct online Savings Bond Calculator. If you want to buy U.S. Savings Bonds as a