T-Bill Maturity
2nd Request
Terry,
I have 2 Treasury Bill accounts. 1 for $60,000 and another for $40,000.
As of this writing both will reach their 3rd maturity reinvestment’s.
The 60k will come to term on 8-15-24 and the 40k will come to term 10-3-24.
It is my understanding that after 3 times they can not be renewed.
I would like to take these 2 amounts and reinvest again in T-Bills. What must I do to reinvest this 100k back into T-Bills. Is it as simple to just wait for the 60k and 40k are deposited back into my checking accounts and open up 2 new accounts as I did in the first round.
Thank you
Chicken Money Ed
Terry Says
Your understanding is WRONG! Go into your TreasuryDirect account and log in. You can only INITIALLY sign up for 3 automatic reinvestments, but now you can go back to that box and sign up for 3 more!
Just go to “current investments” and click on the category “Treasury Bills”. You’ll see a list of all your T-bill investments and maturities. Click on one security and submit. Then you’ll have a choice to add or “edit reinvestments” — click on that box and schedule 3 more reinvestments.
PS Thanks, you reminded me to go to my TD account and update my coming reinvestments!!!
