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https://treasury.ms.gov/2023/03/03/mcrae-unclaimed-savings-bond-act-will-unleash-billions-for-americans/
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McRae: Unclaimed Savings Bond Act Will Unleash Billions for Americans | State Treasury of Mississippi
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Newsroom McRae: Unclaimed Savings Bond Act Will Unleash Billions for Americans By Treasurer David McRae Last year the Unclaimed Savings Bond Act became law as part of the annual federal funding bill. This will help Americans claim over $29 billion in matured, unredeemed savings bonds currently held by the U.S. Treasury, including an estimated $215 million belonging to Mississippians. Matured bonds are those that are no longer earning interest. U.S. Savings Bonds helped finance our victory in World War Two and for decades provided risk-free investment opportunities for American families. Only about one percent of all matured savings bonds have not been redeemed, but that still amounts to a substantial sum of money owed to our citizens. The bonds were issued on paper until 2002 when the government launched electronic versions that redeem a...
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