Having a US Treasury Bond be given to you can be a common type of missing money. In today’s day and age giving US Treasury Savings bonds as gifts have become less common, however it’s still a great way to earn such extra money.
Keep reading below if you want to learn about how to give a US Treasury Savings Bond!
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How to Buy Treasury Bond Gifts
The method to buying these gifts are fairly simple, just go to the US Treasury’s website and follow their interactive video tutorial.
You can also follow the steps below:
- Register an account at TreasuryDirect
- Collect the gift recipient’s Full Legal Name, Taxpayer ID or Social Security Number
- When you give the bonds and want to deliver them electronically, the Recipient’s TreasuryDirect Account Number
- You don’t need it right away
- Log into TreasuryDirect and click BuyDirect in the Menu
- Select Series EE
- Enter the Recipient’s information as the new Registration Information and check the “This is a gift” box
- Select the Recipient’s information as the registration, enter the amount, funding source, and set Purchase Frequency
- Review the Purchase Review page to ensure all the information is correct
How to Give Treasury Bond Gifts
Once you purchase the bond, it takes a day for it to enter your account. You must wait 5 days in order to deliver the bond to deliver it.
If your recipient is a minor, they need to have a Minor linked account that is associated with a parent/guardian.
Here’s how to gift the bond:
- After 5 days of purchase, log into your Treasury Direct account
- Click on the Gift Box link in the top menu
- Select the bond you want to gift and click Submit
- Click Deliver
- You will need their TreasuryDirect account number
- You can deliver all or part of it
- Make sure you double check the review page
- Click Submit and the bond will be delivered
Paper Gift Certificates
If you cannot get an official Treasury Savings Bond from the US Treasury there are alternatives. You may also print out a gift certificate from the treasury instead.
Author’s Verdict
Unclaimed savings bonds are one of the most common types of missing money. These bonds can provide a fantastic gift especially for those at a young age since once they become older its money in their pocket!
Hopefully this post helps you gain a better understanding on how to gift US Treasury Savings Bonds.
Also be sure to check out our own lists of bank promotions and CD tables!
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