How do you exchange E, EE bonds for HH bonds?
Q: What do I do about a lost, destroyed or stolen bond? A: Good News, a recent NEW SERVICE provided by SavingsBonds.com cuts down on the long reading of government forms. and walks you through the application process of replacing your bonds. Search for your Lost Savings Bond right now!
After you complete your on-line application it is reviewed by a Savings Bond Consultant. We'll include suggestions/comments to achieve the best results. Here's even better news, the bonds continued to earn interest during the period that they were missing. Remember - a Savings Bond Consultant will review it and make comments or suggestions, a complete and accurate application may help recover our lost treasure!
What do I do if I never received a bond that I recently purchased?
This situation is different than a lost or stolen bond (noted above) and requires a different form, called "Claims for Relief on Account of Loss, Theft or Destruction of United States Savings Bonds After Valid Issue But Prior to Receipt by Owner, Co-Owner or Beneficiary", or form PDF 3062.
The issuing bank (where you purchased the bond) is expected to keep the issue information on file for six months. You should go to the bank and
request that they provide you with a claim form, fill out the required information, and then it must be signed by all those named on the missing bond.
Minors must also sign the form if they are named on the bond.
Other Helpful Hints. If the bond was issued by your payroll savings plan, contact the payroll department. If six months have passed since issuance, contact the bank where the bond was issued/purchased. The bank should be able to help you locate the bond record. The Bond Consultant suggests that you bring a copy of the receipt of payment (or a canceled check) as proof of payment and the date of purchase. Q: How long will it take for my bonds to reach its face value? A: Once again, this answer depends on when the bond was issued. We broke down when a bond reaches its original maturity and when it goes into an "extension" by years. An extension is the term used for the 10 year period after the bond reaches its original maturity. A bond may enter into an additional 10 year extension. However a bond will never earn interest for more than 30 or 40 years (depending on the issue date of the bond). PRIOR TO NOVEMBER 1982. Original Maturity Dates for E Bonds
Category: Personal Finance