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FS Form 1522. Department of the Treasury | Bureau of the Fiscal Service. 3. INSTRUCTIONS. USE OF FORM \u2013 Use this form to request payment of United States Savings Bonds, Savings Notes, Retirement Plan Bonds, and Individual Retirement Bonds.
Investors can purchase I bonds after opening an account through TreasuryDirect. While many register without issues, some accounts require additional identity verification, which involves bringing Form 5444 to a bank or credit union for a \u201csignature guarantee\u201d before mailing it back.
If the bond cannot be cashed at a local bank, the surviving registrant must complete a Special Form of Request for Payment of United States Savings and Retirement Securities Where Use of a Detached Request Is Authorized (FS Form 1522).
If you're looking to diversify your portfolio amid the sluggish stock market right now, you might consider Series I bonds as a safe long-term investment with a reliable return. For most people, long-term investing in low-cost index funds is the best path toward financial independence.
The Treasury Direct form FS 5444 (Account Authorization) has been revised as of June 2022. The wording that used to indicate that a Notary Stamp would not be acceptable has been removed.
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If the bonds are $100,000 or less and the estate has not been formally administered through court, the beneficiary can request to cash in the bond by mailing a signed and notarized FS Form 5336 with the bond and proof of death to the Bureau of Public Debt.
The latest edition of the Account Authorization form FS 5444 requires a signature guarantee from either a certifying officer at a financial institution or a notary. Getting it signed by a notary public is much easier than getting it from a bank or credit union.
As the survivor, you have four options: Do nothing. The bond will continue to earn interest until the bond matures. ... Cash (redeem) the bond. Reissue: Have the bond reissued in the survivor's name. ... Submit a certified copy of the owner's death certificate, along with FS Form 5396 (download or order).
The person applying as voluntary representative must complete a Disposition of Treasury Securities Belonging to a Decedent's Estate Being Settled Without Administration (FS Form 5336).
It's possible to redeem a savings bond as soon as one year after it's purchased, but it's usually wise to wait at least five years so you don't lose the last three months of interest when you cash it in.

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