Planning to buy a savings bond?
Paper savings bonds will no longer be sold over-the-counter at financial institutions after December 31, 2011. Although paper bonds are being discontinued, electronic Series EE and Series I Savings Bonds will remain available for purchase via TreasuryDirect. This move is expected to save taxpayers an estimated $70 million over the next five years. TreasuryDirect is a secure, web-based system, operated by the Bureau of the Public Debt, and has been used by investors since 2002 to purchase savings bonds online. Learn more at www.treasurydirect.gov.
Already have paper savings bonds?
Existing paper bonds are still valid and will earn interest for 30 years from the issue date or until redeemed. You can continue to cash savings bonds at most financial institutions, including VSECU.
Open a free TreasuryDirect account today!
With TreasuryDirect, you can safely and securely:
- Buy, manage and redeem electronic savings bonds
- Convert paper savings bonds to electronic
- Purchase electronic savings bonds as gifts
- Purchase other Treasury securities, including bills, notes, bonds and TIPS (Treasury Inflation- Protected Securities)
- ….and much more!
Stop worrying about misplacing or storing paper savings bonds and start managing your savings online—anytime—through TreasuryDirect. Sign up today at www.treasurydirect.gov.