Gov bonds

By Terry Savage on April 03, 2024 | Chicken Money

Hi Terry,
I am a college teacher who regularly reads your column, have one of your books, and have been to two of your talks.
I have told you that your advice is worth its weight in gold, and it is.
During the pandemic, I 8nvester some money in those government bonds you wrote about that can be accessed only by treasury.gov.
I would like to put everything in Fidelity now and I looked for my info on that gov. bond investment and have not been able to find it.
I went yo Treasuey.gov to get the info and the website asked me a bunch of questions including my bank info, then told me I had made a mistake and gave me a number to call. 844 284 2476.
The answer at this number leads me to think this is a scam. Is there a scam connected to treasury.gov? I am very concerned that I put down my bank info!
I can’t find my password or other infonI used for that investment during the pandemic. I just want to resolve this.
Could youbplease contact me ASAP?
Thank you!

Terry Says

Whoa? I’m assuming you purchased I-bonds through TreasuryDirect.gov. You opened an online account. You needed a password, which you created.
Didn’t you write this information down?? (You’re a college teacher, so you know to do that!!)

Go back to the log-in page at TreasuryDirect.gov and log in. First they ask if your account number begins with a letter or a number. (I’m assuming you wrote your account number down somewhere!)
Next step is to put in your password. If you don’t have it, there’s a process for recovery.

Don’t panic. And if you’re still stuck, please write back to the email you receive saying your question has been answered. Give me your name, address and phone number –and the bank you used for your purchase. I’ll forward it to my contact at Treasury to get you some help.

BUT, don’t plan to sell those bonds. There’s a 3 months interest penalty if you cash them in before 5 years!!

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