Ask Terry Questions Savings bonds valuations

Savings bonds valuations

By Terry Savage on November 29, 2015 | Chicken Money

11.27.15
good informatio in Chicago Tribune.
how do we run a savings bond valuation report? is there any charge by financial institutions and if there is a charge can we cash the bonds at any other place without charge?

Terry Says:  There is never a cost for cashing in the bonds.  You can value them at the government website:  www.TreasuryDirect.gov –and click on “Individual” and then scroll down to Savings Bonds.  OR, you can do it the easy way at www.SavingsBonds.com — a private website that specializes in helping people do this.  There are no fees to cash in your savings bonds, but as noted in the column, Federal taxes are due on the accumulated interest.

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