Monday, October 19, 2009
Billions of Unclaimed Treasury Bonds
Today Yahoo reported on Billions in unclaimed bonds there are plenty of us out there (or maybe our parents and grandparents) that bought bonds during World War II and never got around to cashing them in.
The good news is that, assuming that you can find the bonds in a lock-box or in some file cabinet; you'll be able to get the face value of the bonds. The bad news, the bonds haven't been earning any interest for years.
Additionally, you can search to see if you have any unclaimed bonds (issued after 1974) by searching on the Treasury Hunt website. It doesn't take much time to search to see if you have any missing money or unclaimed assets... It's better have the cash dash into your pockets/wallets rather than letting it sit in some treasury department.