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Originally Posted by CleverButCheap
Terrific advice. Thanks for the time you spent sharing. I need to do some homework on bonds. My mother bought them for years and I have a large stack of them in the safety deposit box. I know I should have the names changed since I am the owner now and no longer the beneficiary.
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Here's a bit of advice for you, depending on how comfortable you are putting your finances online. You can buy and redeem savings bonds online via Treasury Direct --
https://www.treasurydirect.gov/
You can also convert paper bonds online also, if you have a Treasury Direct account. You ask to be invited via email, and Treasury Direct will set up a linked account with instructions on how to sort, register, make a manifest, and finally mail in the bonds. They then go into your online account and you can use/track of them more comfortably.
I'm in the process of converting a bond in and I can already see one big advantage -- you don't sign individual bonds, but instead you bundle up to 50 bonds in a manifest and sign that once. It'll make sure that memories of your mother don't conjure up hand cramps
