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June 2023
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It takes two to three weeks to get your money from the Federal Reserve. You can get a form from any commercial bank, or by calling the Federal Reserve's Savings Bond Customer Service Unit at (800) 333-2919. You can also fill out form SD-120 and send it along with the bond to the Federal Reserve Bank in Kansas City at P.O. If you go to a bank where you don't have an account, the most you can redeem is $1,000 per transaction. If you have an account at a bank that redeems savings bonds, you can redeem an unlimited amount. Savings bonds? There are several ways to do it. Check the site at SAVINGS BONDS: Ready to cash in some U.S. The program walks you through the form step- by-step. If you have a Macintosh you may run into some trouble, but you can try adding a free extension called Mac OS Java Runtime. To get started, the procedure requires you to use Adobe Acrobat PDF Reader or Netscape Navigator to download the file from the site. You can either file it yourself, or let Intuit do it electronically for $9.95. The program lets you complete and print a 1040 EZ form for free. Intuit Inc., the maker of Quicken and TurboTax software, is offering a new TurboTax 1040 EZ online feature on its Web site.
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