You can no longer purchase paper series i and ee savings bonds—those convenient envelope-stuffer gifts—at banks and credit unions you must buy electronic. Visit howstuffworkscom to read about how to cash in savings bonds this differs from a treasury bond, which is more akin to buying stock in the government series ee paper bonds purchased after may 2005 pay a fixed interest rate. Paper bonds we're as close as your computer paper (series i) you can buy paper series i bonds by designating your tax refund as payment what do i get. 1, 2012, you can no longer buy paper savings bonds at financial institutions but you can go online to purchase two types of electronic savings bonds see below . Purchasing savings bonds online why is it changing and how do i purchase them now why is treasury ending sales of paper savings bonds ending sales of.
Starting january 1, 2012, you can no longer buy paper savings bonds at financial institutions but you can go online to purchase two types of electronic savings. However, you still can cash paper savings bonds at any family federal savings location to buy (or cash digital) savings bonds visit treasurydirect online – a. When you buy a paper savings bond, on the other hand, you receive a bond that has a face value of twice what you invested (for example,.
All over-the-counter sales of paper savings bonds would cease at all financial institutions. To calculate the value of your paper savings bond, use the us treasury's you can only purchase a new savings bond online at wwwtreasurydirectgov. You won't be able to buy paper savings bonds at banks after the end of this year. In 2012, the us treasury department ended the over-the-counter sale of paper savings bonds they are no longer sold at banks and other financial institutions,. You may remember savings bonds as gifts you received from family members for birthdays savings bonds remain a secure and low-risk investment tool.
Investors can buy between $25 and $10,000 in ee bonds each starting in 2012, the government discontinued paper savings bonds, instead. Although paper bonds have been discontinued, electronic series ee and series i savings bonds remain available for purchase via treasurydirect this secure. You can only purchase paper bonds by you can get savings bonds as tax refunds by using any irs. In addition, with a treasurydirect account, members can purchase electronic savings bonds as gifts and convert paper savings bonds to electronic ones. Us savings bonds are a great way to encourage savings at any age buy, manage and redeem electronic savings bonds convert paper bonds to electronic .
The treasury announced last week that, in order to save money, they're going to stop selling paper saving bonds after jan 2012 gone will be. Gifting savings bonds was so much easier when you could buy a paper certificate , see the gifting of us treasury savings bonds have fallen a. Us savings bonds important change to us savings bonds planning to buy a savings bond paper savings bonds are no longer being sold at financial. Us savings bonds are debt securities issued by the us department of the treasury to help interest: fixed rate for ee-bonds, set upon purchase (with 35 % minimum if held for 20-years) a record of the savings bond purchase is placed in the purchaser's account, as paper bonds are no longer issued bonds can be.
Although paper bonds are being discontinued, electronic series ee and series i savings bonds will remain available for purchase via. Sorry, if you are looking for how to buy us savings bonds in paper format, we unfortunately cannot help you paper savings bonds were discontinued in january. 1, 2012, you can no longer buy paper savings bonds at financial institutions but you can go online to purchase two types of electronic savings.
Whether you buy savings bonds electronically or in paper form, most savings bonds are sold at face value this means that if you buy a $100 bond, it costs you . How to buy a gift savings bond in treasurydirect using your irs tax refund, you can buy paper series i savings bonds for yourself or others. Paper series ee and i savings bonds will no longer be sold through financial institutions or otherwise, there will be no other way to buy paper savings bonds. Planning to buy a savings bond paper savings bonds will no longer be sold at financial institutions after december 31, 2011 but they're not going away.
You can buy ee savings bonds through banks and other financial a savings bond wizard that will calculate the value of your old paper bonds.