Ask Terry Questions Series 1 savings bond

Series 1 savings bond

By Terry Savage on December 03, 2023 | Chicken Money

I signed up, through TreasuryDirect, last year and renewed this year a $10,000 savings bond. I want to put this bond in my Trust, but it’s impossible to speak with anyone on the phone. How can I accomplish this?
Thank you,

Terry Says

YOu can’t do that! You need to open ANOTHER account in TreasuryDirect in the name of your Revocable Living Trust. It can have the same SS number. Purchase all future bonds in the trust account.
You can sell your initial I-bond with no penalty after 5 years. And if you still want to buy I-bonds or T-bills, have that money deposited back into your checking account. Then buy new securities in the trust account.



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