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Savings-Bonds-Alert: Changing the owner in Treasury Direct

Wednesday, September 01, 2004

Changing the owner in Treasury Direct

How can I change the named owner of TreasuryDirect investments? Tom's response First, the new owner has to have a TreasuryDirect account. Inside TreasuryDirect, click on the Manage Direct button in the row of buttons across the top of the page. On the page that appears next, look for the section called Manage My Securities and click on Transfer Securities. On the pages that follow, you will first select the bond you want to transfer, then you'll be able to specify who you want to transfer the bond to. You will need both the recipient's Social Security Number and TreasuryDirect Account Number. Keep in mind that an ownership transfer will create a taxable event for you - you'll owe income tax for this year on the interest earned by the bond up to the date of the transfer.


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