Promoting Redemption of Savings Bonds

What it means

Directs the Treasury Department to make it easier for Americans to redeem approximately $27 billion in matured savings bonds. The order requires digitizing bond records, improving the Treasury Hunt online tool, researching redemption barriers, and collaborating with states to help locate bond owners.

Expected impact

• Improved access for Americans to claim approximately $27 billion in unredeemed savings bonds
• Enhanced digital tools and searchable records to help individuals determine if they own matured bonds
• Better collaboration between federal and state governments to connect citizens with their unclaimed bond assets
• Potential economic stimulus as more Americans redeem their mature bonds