| Jun 27 |
Unclaimed Savings Bonds: $16 Billion in Unredeemed U.S. Treasury Bonds. Find Out If You Have a Savings Bond
You may wonder how somebody could lose track of an investment like this. The thing is, savings bonds take 20 to 40 years to mature, so people sometimes just forget about them. But it’s worth checking, because the average successful search turns up bonds worth about $1,000. If you’re one of the 55 million people who own U.S. savings bonds, there could be big bucks heading your way! ‘Good Morning America’ Shows You The Money! Watch Video:
Jerry Williams of Pennsylvania remembers seeing patriotic promotional ads as a girl. So when she became a young working woman, she started buying savings bonds. It was like an old-fashioned 401k. “It’s just been a blessing in our lives,” Williams said.
“I thought, ‘oh well, I’ll just do it anyway.’ Bang — there it was. And it was a thrill,” she told “GMA.” “Count me in” is what Lorraine Silva and 70 others said when the Treasury Department was looking for volunteers to help reunite citizens with their savings bonds. “It’s very rewarding to feel that you’ve done something to make somebody happy and to perhaps change their life in some way,” Silva said. The government’s savings bond push was such a success that it takes a million microfilm reels in a room the length of a football field to hold all of the records. Sure enough, some of those records were Williams’. When Silva called with the good news, Williams was stunned. She had invested $50 and figured she’d get a hundred back, but got $521 instead — 10 times her original investment. “I thought, I’m just going to plant flowers,” she said. “$500 worth. $500 worth of flowers. I’m just planting them.” That would make a beautiful ending to the story, but there’s more. I suggested Williams search for savings bonds in her husband’s name. She found some. And then, while “GMA” was at Williams’ house, she found still more unredeemed savings bonds for her daughter, Becky Maholic. Maholic now continues the tradition, buying savings bonds for her son. “It’ll be exciting to see if my son ever has the same excitement. Lost money that’s found,” Maholic said. In the end, the Williams family received checks for a total of $924. In some cases, bonds are so old that workers have to search microfilm archives for documentation. The government’s savings bond push was such a success that it takes a million microfilm reels in a room the length of a football field to hold all of the records.
If you’re now inspired to check for savings bonds in your family’s name, it’s easy. And it’s worth checking back often because the government adds another half million bonds to the database every month as they mature.
So what’s the largest dollar amount of savings bonds owed to any one person?
Somebody out there is the lucky owner of 13,000 savings bonds worth a total of $2.5 million.
Similar posts:
13 Responses to “Unclaimed Savings Bonds: $16 Billion in Unredeemed U.S. Treasury Bonds. Find Out If You Have a Savings Bond”Leave a Reply |
Hello, Neat post. There’s an issue along with your site in web explorer, might test this? IE still is the market leader and a large section of folks will leave out your excellent writing because of this problem.
Absolutely indited articles, Really enjoyed reading.
I have been trying to find all this morning, excellent thank you so much!
You guys really know how to write a blog! This was extremely helpful. Thank you vey much.
Way cool! Some extremely valid points! I appreciate you writing this article and the rest of the site is very good.
I haven’t checked in here for a while as I thought it was getting boring, but the last several posts are great quality so I guess I’ll add you back to my daily bloglist. You deserve it my friend
Thanks for sharing the information with us.
I wanted to create you the little bit of observation to be able to give many thanks again for your personal exceptional secrets you have featured here. This has been really particularly generous with people like you to make unreservedly exactly what most people would have offered as an e book to get some bucks on their own, notably seeing that you might well have tried it in case you considered necessary. The things in addition worked to be the fantastic way to be aware that some people have a similar eagerness just like my personal own to grasp whole lot more with respect to this matter. Certainly there are many more pleasant sessions up front for individuals who go through your blog.
I like this internet site because so much useful stuff on here : D.
Sweet website , super design , very clean and use friendly .
Utterly composed content material, Really enjoyed reading.
Thanks to this blog I learnt a lot and changed the way I perceive many things.
Just wanting to say nice post.