How to Cash In Savings Bonds

Video Transcript

"Hi, everyone, it's Chris Markowski, president of Markowski Investments and host of The Watchdog on Wall Street radio show. Guys, I don't think I've...I haven't been this excited in years...I mean, I haven't been excited since the Giants won the Super Bowl last year. I'm here to tell you how to go about cashing in SAVINGS BONDS!! Exciting, exciting stuff here. You know, I....I gotta talk about this for a certain amount of time, but there's really not that much you need to talk about. You need to cash in a savings bond, Grandma brought you a savings bond from way back when...really simple. You get in your car, you go to your bank, you knock on the door, you walk in, you speak with the guy here behind the desk, and you cash in your savings bonds. But after the fact, you're going to need to remember, and the bank should ask you...they're going to ask you for your social security number, because you're going to have to pay taxes on that savings bond. Don't forget that. Uncle Sam. Uncle Sam's always gotta get his cut. This is Chris Markowski, your Watch Dog on Wall Street. I'd tell you to go to my web site, but I....I really don't think I can write much about cashing in savings bonds. This is Chris Markowski, your Watch Dog on Wall Street."