I have some paper Series I Savings Bonds that I am considering converting to electronic bonds in a Treasury Direct account.
Any reason why this would not be a good idea?
Have any of you gone through the process? I am a bit worried about sending the paper bonds and having them get lost. I imagine I would send them USPS Certified Mail play it safe.
I had hoped to be able to look up my paper bonds on Treasury Direct to make sure that things were in order since they are pretty old. They have not matured yet. I tried the Treasury Hunt feature, but it found nothing. I think that Treasury Hunt only shows matured bonds.
Also, how long does it take to buy a Series I Bond on the Treasury Direct? Do I still have time to buy some for 2021?
Thanks.
[edit]
One other worry is that the Treasury Direct account does not seem to have any sort of multi-factor authentication. Am I missing something where I can turn it on for the account?
[edit 2]
Maybe I answered my own question. It wanted to send me a one time code via email and then there was a checkbox to register my computer using a cookie. I guess that was the two-factor authentication and I turned if off by checking the register computer box.
Any reason why this would not be a good idea?
Have any of you gone through the process? I am a bit worried about sending the paper bonds and having them get lost. I imagine I would send them USPS Certified Mail play it safe.
I had hoped to be able to look up my paper bonds on Treasury Direct to make sure that things were in order since they are pretty old. They have not matured yet. I tried the Treasury Hunt feature, but it found nothing. I think that Treasury Hunt only shows matured bonds.
Also, how long does it take to buy a Series I Bond on the Treasury Direct? Do I still have time to buy some for 2021?
Thanks.
[edit]
One other worry is that the Treasury Direct account does not seem to have any sort of multi-factor authentication. Am I missing something where I can turn it on for the account?
[edit 2]
Maybe I answered my own question. It wanted to send me a one time code via email and then there was a checkbox to register my computer using a cookie. I guess that was the two-factor authentication and I turned if off by checking the register computer box.
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