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Get the free United States Savings Bond Purchase and Authorization Form - utsa

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This form is used by employees of The University of Texas at San Antonio to authorize payroll deductions for the purchase of U.S. Savings Bonds.
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How to fill out United States Savings Bond Purchase and Authorization Form

01
Obtain the United States Savings Bond Purchase and Authorization Form from the U.S. Department of the Treasury website or a financial institution.
02
Fill out your personal information in the designated fields, including your name, address, and Social Security number.
03
Indicate the type of savings bond you wish to purchase (Series I or Series EE).
04
Specify the amount you want to invest in savings bonds.
05
Choose your method of payment (electronic funds transfer, check, or payroll deduction).
06
If applicable, provide information about a recipient if you are purchasing a bond as a gift.
07
Sign and date the form to confirm your authorization for the purchase.
08
Submit the completed form as instructed, either online or by mail.

Who needs United States Savings Bond Purchase and Authorization Form?

01
Individuals looking to invest in U.S. savings bonds.
02
Parents or guardians purchasing bonds as gifts for children.
03
Employees participating in a payroll savings plan offered by their employer.
04
Anyone wanting to save for future expenses with a low-risk investment.
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Sign in ink in the presence of a certifying officer or notary. Identification may be required. 2. Authorized certifying officers are available at financial institutions, including credit unions, in the United States.
Bonds at least 20 years old can be redeemed for at least twice their face value and you can check their current yields here. You'll probably find that they are below available market rates and that it's worthwhile to redeem.
You can cash in a Patriot Bond at any time. However, the longer you hold onto the bond, the more you can potentially earn. For Series EE bonds, you must wait 12 months before you can cash them. Cashing in Series EE bonds within the first five years will result in a penalty of three months' interest.
Obtain a copy of Treasury Form FS 1522 from the U.S. Department of the Treasury's website or your local financial institution. Begin by providing your full name and the Social Security Number or Tax Identification Number in the designated areas. Fill in your mailing address, including city, state, and zip code.
How to Gift Savings Bonds Enter the TreasuryDirect website. Create a TreasuryDirect account and then log in. Purchase the savings bond you want in the desired denomination ($25 to $10,000). After the mandatory five-business-day holding period ends, deliver the gift to the recipient's TreasuryDirect account.
How long do you have to wait for a Patriot Bond to mature? It takes 30 years for a Patriot Bond to mature, but you can cash it in before then. Patriot Bonds are guaranteed to be worth at least the face value 20 years after they were issued.

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The United States Savings Bond Purchase and Authorization Form is a document used to authorize the purchase of U.S. savings bonds through payroll deductions or direct purchase.
Individuals who wish to purchase U.S. savings bonds, either through their employer's payroll deduction plan or directly, are required to fill out this form.
To fill out the form, provide personal information such as name, address, Social Security number, and the amount you wish to purchase in savings bonds. If using payroll deduction, also include details about your employer.
The purpose of the form is to facilitate the purchase of U.S. savings bonds, allowing individuals to save money easily, often through payroll deduction.
The form must include personal identification details, the type of savings bonds to be purchased, the purchase amount, and the method of payment (e.g., payroll deduction or direct payment).
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