Treasury Bills Notes Bonds Co-Ownership

[CaptainO]

Does anyone know if a Treasury bill/note/or bond can be registered in co-ownership? I haven't been able to find anything on the TD website. They only mention co-ownership in regards to EE and I bonds.

 

[Dash man]

Yes. Create a new registration like:
John A Smith
WITH
Mary E Smith.
You can even change the registration after the fact if needed.

 

[CaptainO]

I wonder why they don't mention that on TD? At least that I can find. The most I could find about co-ownership was this definition: Co-Owner -

A person named in the registration of a Treasury security as the second-named registrant with the names connected by "OR." The first-named registrant and the second-named registrant have equal rights to the security. This form of registration only exists in TreasuryDirect when paper bonds are converted into electronic form.​

 

[Dash man]

I remember seeing that. But for some reason the word “WITH” shows up on mine.

 

[CaptainO]

So you bought a bond or note online through TD and titled it, "Your Name OR Spouse Name" and that's it? Your spouse then has equal rights to it?

 

[Dash man]

Yes

 

[CaptainO]

Ok, thanks.

 

[JoeWras]

Go to the section to create a new registration and do them both. It will end up as "WITH".


The TD website absolutely stinks. Not much more I can say about it.