13 Nov I never received any documents when I bought a bond. What now?
Q. I bought an I Bond on Oct. 21, 2022 but never received any documents. What should I do?
A. Given the timing of when you made the purchase, we’re going to assume you made the purchase online.
Paper bonds are less common these days.
“The interest rate on the bond can change every six months,” he said. “It is made up of a fixed rate and an inflation rate that changes periodically.”
He said you can buy I Bonds in electronic form when you open a TreasuryDirect account.
“When you buy the bond electronically you will not receive any paper documentation,” he said, so you should contact the Treasury Department directly.
You can also buy I Bonds in paper form through the Tax Time Purchase Program, Kiely said.
“When you buy paper I Bonds, you use your federal income tax refund to buy the bonds,” he said. “You complete IRS Form 8888.”
Email your questions to .
This story was originally published on Nov. 13, 2023.
NJMoneyHelp.com presents certain general financial planning principles and advice, but should never be viewed as a substitute for obtaining advice from a personal professional advisor who understands your unique individual circumstances.