You think you remember your grandmother giving you U.S. Savings Bonds when you were younger…but they seem to have disappeared. Your mom says that you had hundreds of dollars worth of them…but they are all gone. How would you go about trying to find these missing bonds? Luckily the U.S. Government can be of some help here, as I had to do this a few years ago with some missing bonds and sure enough they were able to replace the missing bonds!
The first thing you need to do is put on your thinking cap. Who gave them to you, when were they given (approximately), and any other information you can think of pertaining to the missing bonds. Once you have collected as much information as you can, your next step is to visit the savings bonds website.
Head on over to www.savingsbonds.gov and click on the section for “Individuals”. Once on that page, in the top right search box type “lost bonds” and you will be given a bunch of search results. Your typical bond issue is Type E/EE, so you will see a search result called “Individual – Replacing or Reissuing EE/E Bonds“. Click on that link.
The page that you end up on has a lot of information on it about reissuing and/or replacing missing savings bonds. Most people who have lost their savings bonds just need them replaced and not reissued (this is more for change of ownership issues, adding beneficiaries), so you need to scroll down the page to the “When to Request Replacement” section. Here they give you two options:
- If Your Bond is Lost before You Receive It – If you order a bond and don’t receive it within 15 business days, contact the institution where you bought it. The institution will try to find out why you didn’t get your bond and will help you fill out a claim form to request a replacement bond. If you don’t receive a bond you bought through a Payroll Savings Plan, contact your employer’s payroll office for a claim form.
- If Your Bond is Lost or Destroyed after You Receive It – To get your bond replaced, fill out Form 1048 and follow the instructions.
In my case, my bonds were lost so I had to fill out Form 1048 and send it in to:
Bureau of the Public Debt
P.O. Box 7012
Parkersburg, WV 26106-7012
After about 2 months, the Treasury had replaced a bunch of my savings bonds, which I then cashed in just last year. It was a surprisingly easy process for something having to do with such a large bureaucracy.