I put CR in my address instead of County Road and had do the same. Mailed in form, about 10 days later I get an email saying they got it and that it could take up to 13 weeks.McGibblets said:
Well I really screwed this one up. While creating my account, I accidentally put a wrong digit in while putting in my banking info. Treasury direct will not allow you to add/edit/delete banking info unless you mail in a form that's been signed and stamped at a financial institution. Which turns into even more of a pain since I'm trying to do this through an Ally account. You'd think since the account isn't valid it would've been deleted and they'd let you add another, but that's not the case. Anyone have any ideas? I don't expect I could just make a new treasury direct account since it's linked to your social. I tried to call treasury direct and talk to them but it's a 2+hour wait. Additionally the recording mentioned it's currently taking about 15 weeks to process changes mailed in.
I just had mine notarized at the bank and they took it.YouBet said:fka ftc said:
Is the special stamp referred to a "medallion signature guarantee"? Though not common most branch office banks will have someone with this stamp. You trick is finding a bank who is comfortable verifying your identity, which goes more smoothly when you are an account holder.
You can google to find a bank branch near you or Ally may have a process and relationship to achieve this service.
Believe that's it. I had to call the local Fidelity brick and mortar store to confirm if they would do it since most of our money is with them. Guy did have to ask around because it's not too common a procedure I guess.
So the Treasury broke their own process or your bank did the medallion signature guarantee?hammerhead said:I just had mine notarized at the bank and they took it.YouBet said:fka ftc said:
Is the special stamp referred to a "medallion signature guarantee"? Though not common most branch office banks will have someone with this stamp. You trick is finding a bank who is comfortable verifying your identity, which goes more smoothly when you are an account holder.
You can google to find a bank branch near you or Ally may have a process and relationship to achieve this service.
Believe that's it. I had to call the local Fidelity brick and mortar store to confirm if they would do it since most of our money is with them. Guy did have to ask around because it's not too common a procedure I guess.
I had my series 7 for over 20 years and I can assure you it was not a medallion signature guarantee...no one at the branch could do it.YouBet said:So the Treasury broke their own process or your bank did the medallion signature guarantee?hammerhead said:I just had mine notarized at the bank and they took it.YouBet said:fka ftc said:
Is the special stamp referred to a "medallion signature guarantee"? Though not common most branch office banks will have someone with this stamp. You trick is finding a bank who is comfortable verifying your identity, which goes more smoothly when you are an account holder.
You can google to find a bank branch near you or Ally may have a process and relationship to achieve this service.
Believe that's it. I had to call the local Fidelity brick and mortar store to confirm if they would do it since most of our money is with them. Guy did have to ask around because it's not too common a procedure I guess.
hammerhead said:I had my series 7 for over 20 years and I can assure you it was not a medallion signature guarantee...no one at the branch could do it.YouBet said:So the Treasury broke their own process or your bank did the medallion signature guarantee?hammerhead said:I just had mine notarized at the bank and they took it.YouBet said:fka ftc said:
Is the special stamp referred to a "medallion signature guarantee"? Though not common most branch office banks will have someone with this stamp. You trick is finding a bank who is comfortable verifying your identity, which goes more smoothly when you are an account holder.
You can google to find a bank branch near you or Ally may have a process and relationship to achieve this service.
Believe that's it. I had to call the local Fidelity brick and mortar store to confirm if they would do it since most of our money is with them. Guy did have to ask around because it's not too common a procedure I guess.
I had already done one for my wife and was not going to try and hunt down someone to do it so I took a chance and sent it in.
Help me out here - isn't the rate reset for all bonds, even ones sold before the change? If correct, what difference does it make when you buy the bonds?Ag CPA said:
Reminder that tomorrow is the last day to buy at the current rate.
Same. Once I got past the initial "Next" button screen ~20 minutes, it moved slow but steady. I got one purchased for a minor account then tried to get another one and got sent to Error land. Starting over now.Gig-Em2003 said:
It's very slow, but I've been able to open an account this morning. Just got an order placed as well. Took almost 30 minutes vs about 5 when I did another one 30 days ago.
So I wonder if that is due to website issues or even if you are able to make a purchase on the 28th with a confirmation page, they still can't guarantee that it will be officially recorded as a purchase on the 28th.Throwout said:
If you buy them by tomorrow, you get the 9.62% interest rate for 6 months.
On a side note, the Treasury Direct website is down. Last I saw on there they said that due to the high volume, they can't promise to fulfill anymore purchases by the 28th.
Good luck.South Platte said:
Well I'm in for 2 more. Finally. I'm pretty sure I just sent all of that money to some dude in Albania. Hope he's good for it.
wanderer said:
I bond rate resets to 6.89%, down from 9.62%.
Seems oddly low.
billikenag said:
The treasury doesn't disclose how it calculates the fixed rate for I-bonds, but most speculate that the fixed rate is based on the 10 year TIPS yield. Anecdotally this makes sense--I've been buying I-bonds for a decade and one thing I've noticed is that the I-bond fixed rate is set at 0 whenever the 10 year TIPS yield touches 0 (or negative) in the previous 6 month period.
Looks like I will be liquidating in July (1 year and 3 months after my April 2022 purchase).cjsag94 said:
With today's CPI update, the next I bond interest rate update is trending well below 2%. . Admittedly, this is largely useless analysis, but it's all we can go on unless you want to predict the next 4 monthly CPI numbers.
To get back to 6% rate (at 0 base rate), CPI would need to be just over 300 next March. After today's update, CPI is listed at 292.495. For reference, November 2021 was 273.042, March 2022 rose to 283.176, with March representing the 2nd highest YoY inflation number of the last 18 months. MoM changes have slowed dramatically (actually been negative 3 of the last 6 months).
Barring any unexpected significant inflationary pressures, I'm preparing for sub 2% renewal rates, so long term holders will benefit from increasing base rates.
