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Hello and welcome to TreasuryDirect.

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Do you have Electronic Savings Bonds
you wish to cash out?

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TreasuryDirect makes it easy to redeem
your online Savings Bonds any time

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without assistance from the Treasury
or your local financial institution.

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Keep in mind that you cannot redeem
a Savings Bond before one year,

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and if you redeem a savings bond before
five years,

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you will forfeit the final
three months of interest.

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After five years,
you can redeem your Bonds with no penalty.

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To redeem your Bonds,
navigate to the ManageDirect

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tab within your TreasuryDirect account.

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Click the Redeem Securities link
under the Manage My Securities Heading.

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Click the radio button next
to the Security type you wish to redeem,

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then the Submit button
at the bottom of the screen.

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You can select up to 50 Bonds at a time to redeem.

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Once you have selected the Bonds
you wish to redeem,

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you will click Submit.

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The Multiple Redemption Request page
will show the destination for the funds

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and a breakdown of the individual Bonds
where you can see the registrations.

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Once you click Review,
TreasuryDirect will present you

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with a summary of the redemption,
including the total amount being redeemed,

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how much is from the principal,

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how much is from the interest,
how much is taxable,

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and the total amount you will receive.

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Clicking Submit will finalize
the Redemption Request

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and the payment will appear
in the account selected

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within two business days.

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If you wish to redeem
only a portion of a Bond,

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you would need to navigate
to the Current Holdings tab.

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Select the Bond type
you wish to redeem from

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and click submit.

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Select the individual Bond you are redeeming from
and click the Select button

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at the bottom of the screen.

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Note that Bonds less than one year old

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will not present you with a Redeem button.

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Once you click on the Redeem button,
you will be presented

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with the option to redeem the full amount
or a partial amount.

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If you choose to redeem
only a part of the amount, you must redeem

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a minimum of $25 and ensure

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that there is at least $25
remaining on the Bond.

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You can then select
where the payment amount will go

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either a bank account on file
in TreasuryDirect

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or your 0% C of I.

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Once you click the Review button
at the bottom of the page,

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you will be brought to the Redemption
Review screen. On this screen,

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you may edit the information as needed
by clicking the Edit button on the bottom.

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You can also cancel the redemption
by clicking the Cancel button.

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If everything is correct,

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click the Submit button
to complete the Redemption Request.

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The payment should show up
in whatever account

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you designated within two business days.

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And that's it.

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That's how you redeem Electronic Savings
Bonds in TreasuryDirect.