How to buy or invest in US Savings Bonds
Sunday, January 1st, 2012
Categorized as: Buying US Savings Bonds
You can invest in Savings Bonds two ways.
The primary way to buy a US Savings Bond is to invest electronically using an online account at TreasuryDirect. You can find out more about buying Savings Bonds this way in my post, TreasuryDirect overview.
Your can also use IRS Form 1040 to designate that some or all of a tax refund be invested in paper I bonds, which will be mailed to you.
As of today (Jan 1, 2012) you can no longer invest in paper Savings Bonds at a bank, however, you still need a certified signature from a bank for other transactions, such as changing the registration or redemption, involving paper savings bonds that you received in the past. Alternatively, you can convert your existing paper Savings Bonds to electronic bonds at TreasuryDirect.
There are several other posts here that would be of interest to people making their initial Savings Bond investment, including: