unbonded

Bank Of America's Confusing Advice Shortchanges You On Savings Bonds

Bank Of America's Confusing Advice Shortchanges You On Savings Bonds

Daniel thought his government savings bonds would help pay his tuition, wasn’t sure whether they had matured after 15 years, and headed to his Bank of America branch to see if they had and cash them out. He said the bank gave him confusing advice that wound up in his cashing his bonds for less than full price. He writes: