Identify the bond type and whether it is eligible for redemption
Gather the bond and valid government-issued photo identification
Check the bond’s issue date and whether any minimum holding period has passed
Verify the bond’s current value using the issuer’s official calculator or bank
Redeem the bond at an authorized financial institution or through the issuer’s redemption process
Endorse the bond if required
Complete any required redemption forms
Provide your Social Security number or taxpayer identification if requested
Submit the bond and required documents
Receive payment by check, cash, or direct deposit if available
Keep a record of the redemption for tax purposes
Report any taxable interest on your tax return if required