Savings Bonds

15 Second Lesson: Protecting Savings Bonds In Case Of Destruction, Theft & Loss

Over 535 million paper U.S. Savings Bonds are still “in circulation” – meaning millions of bonds haven’t been cashed in.  Unfortunately, many of these bonds may have been destroyed in natural disasters, but the good news is there’s a way to get them back.

It is always a smart idea to store your bond information online for peace of mind and more importantly, to protect your investment in case the bonds are ever destroyed or even lost or stolen. Replacement is much quicker and simpler when you take the right steps. Do it now before a disaster strikes.

  1. Enter & store paper bond information online  – including serial numbers – on a safe and secure online bond management service, such as a SavingsBonds.com Membership©, for as little as $5.95 per year (includes monthly bond e-statements & additional unique reports and services). Access your bond information with just your email and password.
  2. Make a photocopy of the bonds. Store actual bonds in a water tight, fire-proof safe or in a safe deposit box.
  3. Print out a Bond Inventory Report© – which lists all your bonds, the current cash in values, and the serial numbers (if entered see #1). Safely store the Inventory Report away from the actual bonds. Include a copy with your will and/or provide the Inventory copy to a trusted financial professional, family member or heir. Note: Actual bonds are required when cashing in.
    Important: Write the username and password on the Bond Inventory Report© for easy access to your account at SavingsBonds.com.

If your actual bonds are ever destroyed (or lost or stolen) print out your Bond Inventory Report©.* Submit the Inventory Report along with a completed government FS 1048 form. Once submitted, you should receive either instructions on how to obtain electronic bond replacements (paper bonds are no longer issued) or the cash equivalent.

SavingsBonds.com’s Bond Inventory Report© & Monthly Bond e-Statements© are available exclusively at SavingsBonds.com.

By Jackie Brahney, Marketing Director, SavingsBonds.com, jbrahney@savingsbonds.com, @savingsbondsgal

About SavingsBonds.com:
SavingsBonds.com’s complimentary calculator provides cash in values, interest rates and a personalized, printable, color-coded, Savings Bond Inventory Report along with a “What This Means To You” explanation. For ongoing savings bond management & updated bond values via unique monthly e-Bond Statements, try a free 14-day trial of the SavingsBonds.com VIP Membership which includes a helpful Cash-In-Report.©

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