Thread: Series I bonds
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Old 12-06-2006, 10:34 PM
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Default Series I bonds

I work for a defense contractor, and yearly there is a drive to get the employees to buy bonds from the government; I chose to buy Series I bonds, starting in August 2002, and have contributed $10 a paycheck every since. I now have 23 $50 I bonds. The company takes it from your paycheck, and once you have contributed up to the face value of the bond you get one in the mail.

I have only kept them because I didn't know if there was a penalty to cash them in.

I have only kept on contributing because I don't know who to contact to stop the contribution.

I'm going to search through the company web site tomorrow to stop contributing, but what do I do with the ones I have now?
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