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How do I go about cashing sayings bonds?
May 6, 2015 08:35:57 AM
In reply to Dan, Bridgewater
Hi Dan, thanks for joining us on TD Helps. It's our pleasure to provide you with more information.
You'll be happy to know that you may redeem Series I and EE/E U.S. Savings Bonds (when the bonds are 12 months old) at any TD Bank Store location. Feel free to stop in with the Savings Bond and photo identification to complete the process. To view a listing of our locations as well as their hours please visit: http://bit.ly/TDStores.
Please keep in mind that government regulations require that Non-TD Customers and TD Customers with a bank relationship 6 months or less can redeem up to $1,000.00 at any one time with proper ID. We also recommend that you record your own Social Security number on the back of the bonds. It's your responsibility for claiming the interest gained and it will be sent via 1099 at the end of the year for tax reporting purposes.
Additionally, you can also call 1-800-US-BONDS (1-800-872-6637) or access the U.S. Government Bonds website at www.savingsbonds.gov for current interest rates and redemption values, including interest earned.
Hope this has been helpful, Dan and please let us know if you have any other questions.
Colleen B, Mount Laurel
May 6, 2015 08:36:57 AM