Death of paper Savings Bond imminent?

It is my understanding that sometime this year the paper savings bond program will be done away with. Have you heard when this might happen?

Tom's response

This isn't true. What will happen this year is that people who have Treasury Direct accounts will be able to convert their paper bonds into electronic bonds. This will be voluntary.

Although the Treasury has discussed discontinuance of paper bonds - and you can be sure it will happen someday - there are no active plans for this currently underway.