What are US Savings Bonds?

US Savings Bonds are government-backed investments that grow over time. They’re a good way to save money for the future. You may have some paper savings bonds, which look like fancy certificates. But did you know you can make them digital? If you have paper US Savings bonds, it’s a smart move to convert to digital savings bonds. It makes managing your savings easier now and simplifies things for your family later.

Why Digital?

Digital Savings Bonds Are Easy to Manage

When your savings bonds are electronic, it’s easy to keep an eye on them. You can log in to check your balance anytime. No more flipping through paper bonds to see what you have!

Digital Savings Bonds Art Safer

Electronic bonds are safer because they’re in your online account. So, you won’t have to worry about losing them or damaging them like paper bonds.

Help Your Family

One day, when you’re not around, your family will have to handle your estate. Having your bonds in an electronic form will make it easier for them.

How to Convert Paper Savings Bonds

1. Create an Account: Go to the TreasuryDirect website (https://www.treasurydirect.gov/) and sign up for an account.

2. Identify Your Bonds: Collect your paper bonds and list the important details like series, denomination, and issue date.

3. Mail the Bonds: Once your account is ready and your bonds are listed, you’ll need to mail them to the US Treasury for conversion.

4. Confirm: After a few weeks, log in to your TreasuryDirect account to make sure all your bonds are now electronic.

Estate Benefits: Make Life Easier for Loved Ones

Switching to electronic bonds isn’t just good for you; it’s also good for your loved ones. They won’t have to figure out where your paper bonds are or how to cash them. This will make managing your estate much easier after you’re gone.

Final Thoughts

If you have US Savings Bonds in paper form, consider converting them to an electronic account. This simple switch can make your life and the lives of your family members much easier in the long run. Why not simplify your estate today? It’s one of the best gifts you can give your family for the future.


Find more information about this and other topics at www.hawkinselderlaw.com. You can also call us at 812-268-8777.


Jeff and Jennifer are Trust & Estate Specialty Board Certified Indiana Trust & Estate Lawyers, and active members of the Indiana State Bar Association and the Indiana Chapter of the National Academy of Elder Law Attorneys (NAELA). Jeff is also a member of the Illinois NAELA Chapter, a Fellow of the American College of Trust and Estate Counsel, and a member of the Illinois State Bar Association.

Both Hawkins are admitted to practice law in Indiana, and Jeff Hawkins is admitted to practice law in Illinois.

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