You will then need to visit our Customer Service section to restart the allotment with corrected information. This process may make up to eight weeks . This is why it is very important you provide the correct data when you initially start your allotment. It you want to save for your children's college education, just make sure you are the owner, and the child the co-owner. You can buy bonds at different denominations, and in different payment plans.
Bonds mature at different rates, due to the fluctuation of the interest rate.
Bonds are started on DD Form 2559 . Whenever you are having a bond sent to your local mailing address, it is important to notify Finance immediately whenever you are going to relocate and give them your new address. If not, your bond will be forwarded to your gaining Finance, and not released until you complete an address change. Your best option is to have your bonds held for safekeeping at The Defense Finance Accounting Service. Co-owners have the same rights as a bond owner and can cash the bond the same as the owner.