Beneficiary for paper I bonds

Investing Strategies Bonds & Fixed Income Investments
1

I bought some I bonds, back from when they sent you the actual bond. Is there an easy way to name a beneficiary for them? I supposed the easiest solution would be to cash them in and pass the money on in cash

2

If you didn’t designate a beneficiary or secondary owner when you purchased the I-bond, the only way to designate one now is by registering them with Treasury Direct and designating a beneficiary or secondary owner through the Treasury Direct website. Each individual bond is allowed to have a different secondary owner/beneficiary - it’s not done at the account level.

If you don’t have a beneficiary or secondary owner named when you die, the I-bond will become a part of your estate.

Here’s a page from the Treasury Direct website that will provide some additional information on what happens to I-bonds when you die Death of a savings bond owner — TreasuryDirect

AJ

3

Thank you much, and happy new year

4

I have one paper I-Bond which I registered online. Did it 2 years ago, and you have to mail the paper I-bond and took a month or two for it to show up online. If you own other I-bonds on treasurydirect, the paper I-bond will show up in a separate section (I believe title Conversions).

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5

thank you. and I have to type 20 characters, so Happy New Year. Anyone else mapping out places to look for Jon Black’s treasure chests?