Mailing your series hhh savings bonds from childhood to the treasury retail securities site is the only way to redeem them. Series ee series i savings bond redemption value tables. Treasury form 1048 must be signed and certified by a bank officer in order for it to be valid. It is important that the form s be completed and signed in accordance with the instructions. The process of changing beneficiary on existing us savings bonds is as follows. About form 8818, optional form to record redemption of series. Ask a question here are the questions asked by community members. The value of hh bonds received in exchange for eee bonds often includes. When we reissue a series ee or series i savings bond, we no longer provide a paper bond. About form 8818, optional form to record redemption of. Fill fs form 1522 treasurydirect instantly, edit online.
If youre planning to cash in savings bonds, do so with care. The registered beneficiary on a savings bond can cash it after the owners death. The registered owner must submit the bonds and proper identification, including their social security number and mailing address. Nov 22, 2015 go to the united states treasury website at. The redemption tables in this publication allow you to find the values and interest earned for series ee savings bonds, series e savings bonds, series i savings bonds, and savings notes issued from 1941.
Treasury direct offers a savings bond calculator to check the value of savings bonds by denomination and type. Don, i have paper series i savings bonds and have been told that i can only cash these savings bonds by mail. The reissued bond is in electronic form, in our online system treasurydirect. For paper bonds, each of those people may request payment of their bonds by completing an fs form 1522 download or order listing the bonds to which they are entitled and have their signatures certified. Special form of request for payment of united states savings and retirement securities where use of a detached request is authorized. Savings bond forms in microsoft word forms in word. Individual courtappointed representatives savings bonds. This is a page about cashing a deceased parents savings bonds. You cannot, however, cash series hh savings bonds at a bank. Series ee savings bonds earn interest for 30 years. H bond, that amount will be reported to the irs for the tax year of the redemption.
Department of the treasury, a bank or a credit union. Bank representatives also told us you may be required to show two forms of id to cash a. Electronic ee and i savings bonds treasurydirect paper e, ee, and i savings bonds. This is a guide about cashing a deceased parents savings bonds. Search for redemption form fs 1522 input form number in search box on treasury homepage and print out pdf. If you would still like it in word, please order here. Fs publication 0105 revised april 2020 power of attorney. Fs form 3600, redemption tables for series e, ee, and i savings bonds, and. Fs form 1522 department of the treasury bureau of the fiscal service 3. Youll supply all the requested information and hand it over to your bank, which will then submit it on your behalf. Individual other treasury securities savings bonds.
How to redeem us ee bonds when both owners are deceased. Who may complete this form may be completed by the owner, coowner, surviving beneficiary, or legal representative of the estate of a deceased or incompetent owner, persons entitled to the. Use of form use this form to request payment of united states savings bonds, savings notes, retirement plan bonds, and individual retirement bonds. Complete fs form 1522 download or order and have your signature certified as described in the instructions. How to cash in a savings bond for a deceased relative. The person entitled to paper savings bonds series ee, e, i, hh, or h must submit fs form 1522 to request payment. Department of treasury series ee or e savings bonds, the bondholder must execute form pd1522 pdf 202 kb.
Series ee savings bonds series ee savings bonds are purchased at their face value and mature in 30 years. Treasurys bureau of the fiscal service and the federal reserves treasury retail securities site would like to thank participating financial institutions for their continued support of the u. On december 31, 2011 the us department of treasury discontinued the sale of paper bonds at financial institutions. How to change a savings bond to a different person finance.
If you have electronic savings bonds from treasury direct, the website of the us treasury department, you can fill the form online. The beneficiary must present form pdf 1522 and an official copy of the owners death certificate to cash the bonds. Download the pdf 4000, request to reissue united states savings bonds, form. Savings bonds redemption service 1st federal credit union. Individual cashing redeeming ee and e savings bonds. Search for redemption form fs 1522 input form number in search box on treasury homepage and print out pdf document. Form 8818 is used by individuals who cashed certain savings bonds and paid qualified higher education expenses to keep a record of the bonds. Use this form to keep a record of the post1989 series ee and i bonds you cash. The treasury department can issue a new bond, redeem the old one with a check, or directly deposit the bonds value in the bank. Use of a detached request is authorized fs form 1522. Redemption tables for series e, ee, and i savings bonds, and savings notes size. Savings bond redemption and replacement disasterassistance.
Use of form use this form to request payment of united states savings bonds. Sign, fax and printable from pc, ipad, tablet or mobile. It also depends on the total value of the ee bonds and the size of the decedents estate. That means you sign the form in front of an appropriate official at a financial institution. Fs form 1522 revised april special form of request for. Download a blank fillable form pd f 1522 e special form of request for payment of u. Treasury hasnt issued hh bonds since the end of august 2004, but the. How to change beneficiary on existing us savings bonds. When two people coown a series ee savings bond, and one of them pases away, ownership passes to the surviving owner. To contact us by mail, visit our write us page to find an address that best fits your topic of need. How to cash bonds with a power of attorney legal beagle. However, savings bonds may still be redeemed at financial institutions, including service 1st. Consumers used to be able to buy a savings bond from either the u. Mar 29, 2019 the us department of treasury can help you retrieve savings bonds if they are stolen, lost or damaged.
You also could convert your paper bonds to electronic form through treasurydirect. Historically, treasury has offered three ways to calculate the redemption value of savings bonds. Request for payment of united states savings and retirement securities where use of a detached. Fs form 30624, claim for united states savings bonds not received. The owner must execute a request for payment in the presence of a qualified witnessing official and then mail the bonds to an appropriate authority in the united states, as described below. The redemption tables in this publication allow you to find the values and interest earned for series ee savings bonds, series e savings bonds, series i savings bonds, and savings notes issued from 1941 to the present when cashed during different time periods. But because your savings bank does not, it should be able to point you to a bank that will handle the redemption. Request to reissue united states savings bonds fs form 4000. Savings bond redemptions frequently asked questions. Ee bonds are often included as part of the decedents estate. Pdf 1522 and send the bonds to the address on the form for redemption. If both owners have passed away, ownership passes to the estate of the coowner who lived the longest.
Banks can cash the series i, e and ee bonds, while h and hh bonds must be redeemed by mail after certification by a bank official. Trust transactions united states savings bonds and notes. Keep in mind, almost all of the banks listed above only cash savings bonds for account holders. Effective may 1, the savings bond wizard will no longer be available. Bank officers and employees, judges, court clerks and warrant officers of the united states armed forces all can. Ee bonds can be redeemed when both of the owners are deceased. You can cash paper savings bonds at many banks like you would cash a check. Redemption tables allow you to find the values and interest earned for ee e bonds, i bonds, and savings notes issued from 1941present. Your bank will provide fs form 1522, which youll use to cash in your bonds. Treasury fs 1522 2019 fill out tax template online us. Savings bondsredemption and reissue instructions for surviving. Fillable form pd f 1522 e special form of request for. In fact, more than 95% of savings bonds are cashed at local banks and credit unions, according to treasurydirect, a government website.
Redemption tables allow you to find the values and interest earned for series ee savings bonds, series e savings bonds, series i savings bonds, and savings notes issued from 1941 to present. You can check the departments online database or fill out a bondrecovery form to request a replacement bond or redemption of the old one. You will need the information on this form to complete form 8815, exclusion of interest from series ee and i u. That means you can cash them in whenever you like \u2014 you dont have to wait until the savings bond matures. If you purchased savings bonds in the 1980s to early 1990s, your savings bonds maturity date was originally 20 years but provided the option of extending the maturity. Order for series i us savings bondsapplication for series i bonds that is sent or taken to a bank or federal reserve bank to purchase a savings bond. This amount represents interest that was earned on the series ee or e bonds andor savings notes that were exchanged for the hh or h bond with tax deferral privileges. Please note, forms must be signed in the presence of an authorized certifying officer available at a bank, trust company, or credit union. The notarized form must then be forwarded, along with the bonds, to the u.
Mar 05, 2020 use this form to keep a record of the post1989 series ee and i bonds you cash. Bring identification and the poa documents proving your authority to redeem the bonds. Redemption requests may also be sent to the treasury retail securities site at the federal reserve bank of minneapolis along with a completed fs form 1522 offsite, pdf special form of request for payment of united states savings and retirement securities where use of a detached request is authorized. Form 8815 is used to figure the amount of interest you can exclude from your income when you file your income tax return. To redeem your bonds electronically, go to the united states treasury online marketplace, treasurydirect. Savings bonds cannot be presented for immediate payment while the owner is abroad. The redemption method you select depends on how the bonds are titled. Your savings bonds are all past the early redemption penalty. How to check your savings bond value bond investing info. Most major banks cash savings bonds, so you should be able to redeem a savings bond at your local bank. If a person entitled to paper savings bonds series ee, e, i, hh, or h wants. For bonds held in an investment account, establish your poa authority with the investment company by providing the requisite documents, then redeem the bonds in the principals. Series ee savings bonds earn an annual interest rate of just 0.
How to change a savings bond to a different person. This form comes as a colored form with carbons attached and can be ordered free in hard copy from theu. How to change names on united states saving bonds pocketsense. Read on to see the answers provided by the thriftyfun. Mail the bonds and form to treasury retail securities services, po box 214, minneapolis, mn 554800214. Making any false, fictitious, or fraudulent claim or statement to the united states is a crime and. Department of the treasury bureau of the fiscal service. Distribution of securities andor related payments to the persons entitled according to the law of the jurisdiction in which the decedent was domiciled at the date of death. In the envelope, youll need to include fs form 1522 and get your signature certified. Complete this line only if partial redemption and reissue of the remainder is. Treasury fs 1522 2016 fill out tax template online us. Who may complete this form may be completed by the owner, coowner, surviving beneficiary, or legal.
Series ee savings bonds earn an annual interest rate of. Cash at any financial institution that cashes savings bonds or, mail the bonds and a signed, certified fs form 1522 download or order to treasury retail securities services, po box 214, minneapolis, mn 554800214. To have the bonds reissued to a trust, each person entitled to the bonds must complete a. Of the banks we contacted, only chase and td bank will cash a savings bond for nonaccount holders. How to redeem cash a us savings bond as power of attorney.