Comments on: If your bank won't handle your Savings Bond transaction, the Federal Reserve will http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/ Fri, 04 Jul 2008 18:41:06 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-19306 Thu, 17 Apr 2008 17:08:04 +0000 http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-19306 Kathleen - the information you're looking for is <a href="http://www.savings-bond-advisor.com/how-to-cash-in-a-savings-bond/" rel="nofollow">here</a>. Parents can sign for minors. Tom Adams Kathleen - the information you're looking for is here. Parents can sign for minors.

Tom Adams

]]> by: Kathleen http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-19302 Thu, 17 Apr 2008 16:57:21 +0000 http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-19302 My son is a minor, but we want to cash in some of his savings bonds to prepare him for upcoming college expenses. All of them have his name on them; many of them are in his name only, a couple have my name on them also, and a couple have his father's name on them in addition to his. How do we proceed? My son is a minor, but we want to cash in some of his savings bonds to prepare him for upcoming college expenses. All of them have his name on them; many of them are in his name only, a couple have my name on them also, and a couple have his father's name on them in addition to his. How do we proceed?

]]> by: Tom Adams http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-17490 Thu, 06 Mar 2008 15:07:28 +0000 http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-17490 Cathy - You will have to take the Savings Bonds to a bank to have your signature certified on the bonds. You should also take the Power of Attorney paperwork and your personal ID. When you send the bonds in to the Federal Reserve, include a copy of the power of attorney and your son's Social Security Number. Since you're cashing the bonds for him, not for you, it should go on his SSN. Depending on the value of the bonds, he probably won't have enough income to actually owe any tax. Tom Adams Cathy - You will have to take the Savings Bonds to a bank to have your signature certified on the bonds. You should also take the Power of Attorney paperwork and your personal ID.

When you send the bonds in to the Federal Reserve, include a copy of the power of attorney and your son's Social Security Number. Since you're cashing the bonds for him, not for you, it should go on his SSN. Depending on the value of the bonds, he probably won't have enough income to actually owe any tax.

Tom Adams

]]> by: Cathy http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-17447 Wed, 05 Mar 2008 18:38:31 +0000 http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-17447 My son is in prison and wants me to redeem his savings bonds for him. He has signed a power of attorney so that I can redeem these bonds for him. Would I be able to sign the bonds and send them in for redemption. Please advise. Cathy My son is in prison and wants me to redeem his savings bonds for him. He has signed a power of attorney so that I can redeem these bonds for him. Would I be able to sign the bonds and send them in for redemption. Please advise.

Cathy

]]> by: Tom Adams http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-17444 Wed, 05 Mar 2008 16:48:38 +0000 http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-17444 Samuel - The option of purchasing Savings Bonds with a credit card was discontinued a number of years ago. The answer is - you can't. Tom Adams Samuel - The option of purchasing Savings Bonds with a credit card was discontinued a number of years ago. The answer is - you can't.

Tom Adams

]]> by: Samuel http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-17429 Tue, 04 Mar 2008 21:28:26 +0000 http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/#comment-17429 How can I purchase Savings Bonds using a credit card? How can I purchase Savings Bonds using a credit card?

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