Treasury Reminds Veterans to Redeem their Matured U.S. Savings Bonds; Veterans - You May Have Matured Savings Bonds. U.S. Treasury Wants to Help You Redeem Them
November 8, 2021
The U.S. Treasury's Bureau of the Fiscal Service reminds veterans across the nation to redeem their matured savings bonds.
Many veterans purchased U.S. savings bonds while serving in the military through a payroll savings program. When those bonds mature and stop earning interest, it is time to redeem them. Redeeming bonds is easy - just take them to a local bank or send them to the Bureau of the Fiscal Service. Directions are available on our web site at TreasuryDirect.gov. If you are unsure whether you own a matured savings bond, a secure search engine is available at https://www.treasurydirect.gov/savings-bonds/treasury-hunt/. New information about matured savings bonds is added monthly to Treasury Hunt.
"American citizens hold approximately $30 billion in matured, unredeemed savings bonds. We encourage all bond owners, especially veterans, to claim funds owed to them" says Stephen Hofmann, military veteran and Project Manager for the Bureau's Office of Retail Securities Services. Redeeming a matured savings bond is easy. And who couldn't use some extra money these days?
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The SLGS program began in 1972 to assist state and local government entities in complying with IRS arbitrage regulations. The securities are not available to the general public.
- Veterans @DeptVetAffairs - You may have unclaimed savings bonds and @FiscalService wants to help you redeem them. As part of your military service, you may have participated in a payroll #savingsbond program. Now is the time to redeem a matured savings bond. If you aren't sure whether you own a matured savings bond, visit https://www.treasurydirect.gov/savings-bonds/treasury-hunt/.