Ask Terry Questions T-bills at maturity

T-bills at maturity

By Terry Savage on January 29, 2023 | Chicken Money

When a T-bill matures does treasury direct deposit the money back into designated account or is there a form to fill out?

Terry Says

Read this:

You have two choices. You can go into “manage direct” in your account and set up automatic renewals at maturity, at whatever he current rate is at that time. If you do that, set up renewals, the interest on the new bill will drop into your bank account immediately.
If you don’t set up automatic renewal, all the money drops back into your bank account in a few days automatically.



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