Friday, January 14, 2011

TreasuryHunt.gov


The Treasury of United States holds billions of dollars in form of unclaimed matured bonds and interests. Here you will learn how to find these bills, notes and savings bonds.
The United States Treasury has matured savings bonds, the treasury bills, the notes and the war bonds no longer earning interests for their owners. The United States Treasury also holds those interest payments that had been returned by the post office, as undeliverable. These interests and bonds have gone unclaimed by owners and heirs for different reasons. The main reasons for abandonment include change of address and improper bookkeeping by owners.
The Unclaimed Treasury and Savings Bonds are available at Treasuryhunt.gov. Treasury Hunt is a database which is maintained by government to track the matured bonds which have gone abandoned. Those Bond holders who have stopped receiving interest payments for treasury bonds should check this Treasury Hunt database. The data there is searched by an Employee Identification number. Once an ID/name is located on the database, a claim form is to be filed either online or by mail. It is very important to keep in mind that Treasury Hunt Database only keeps the series E bonds issued from 1974 onwards.

There are certain cases when bondholders can not rely on the Treasury Hunt Database. Treasury Hunt has a very large database and most registered bonds and also notes are saved and located in its database. There are few certain cases and situations when the treasury bondholders can’t rely on this data. For such cases bondholders will have to complete other Treasury forms and then follow different procedures to locate bonds. Some cases when bondholders can not use treasuryhunt.gov are:  

Notes and Bonds that have issued before 1974 – You have to contact Treasury, Notes and Bonds which are other than series E – You have to contact Treasury, Lost or stolen or Undeliverable Bonds which are not matured – For this the bondholders should complete form nos. 1048 3062-4, Treasury Bonds which are not Earning Interests. Bondholders may not realize that their treasury or saving bonds have stopped earning interests. In these situations owners may want to cash in the bonds to reinvest the proceeds to earn interests. Treasury Hunt or a maturity schedule can be used to check if bonds have stopped earning.


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