As per the Santa Claus episode, TODAY IS THE DAY
Remember, it’s $25!
That’ll get you a pretty big burrito!
Frank’s finally in the chips.
Don’t spend it all in one place, Frank!
You go get that $25, Frank.
Frank, you may need this information:
How do I cash in my HH bond?
We pay you for your HH bonds. You cannot cash them at a bank or other financial institution.
Notes:
- You cannot cash part of an HH bond. The bond must be cashed for its full amount.
- You must have a bank account where we can send the money. We pay only by direct deposit.
- If you are not listed as the owner or co-owner on the bond, you must include legal evidence or other documentation to show that you are entitled to cash the bond. (Send a legible copy. We do not return the documents you send us.)
To tell us to cash your HH bond:
- Get FS Form 1522.
- Fill it out.
- Get your signature certified, if necessary. (It’s less than $1,000 so Frank won’t have to worry about this)
Send the bonds, the filled-out and signed FS Form 1522, and any supporting documents to:
Treasury Retail Securities Services
P.O. Box 9150
Minneapolis, MN 55480-9150
He’s now the second richest man in Second Banana Heaven after Ed McMahon!
It was a joke, practically a throwaway; and yet here we are, gathered into a great host waiting for this moment to arrive.
Except when (if?) he cashes it in, he’ll get $25 in 2023 money, not the inflationary equivalent of what the thing cost in 93.
Not yet, he has to take that $25 down to the supermarket to get the chips first.
Too many unknowns, but in general: “A [face value] $50 bond purchased 30 years ago for $25 would be worth $103.68 today.” So … it’s certainly enough to help chip in for another season of MST3K! Spend 'em if ya got 'em!
Why do people buy savings bonds? Cash, check or a gift card is more useful.
BTW, my family learned the hard way that store and restaurant gift cards are risky. We have gift cards for a restaurant that went out of business due to Covid. Visa, Mastercard, or the credit card that I can’t think of the name of are safer bets.
I guess that final scene at Dodger Stadium is doing a lot of narrative work. assuring us that he’s not dead.
I’m sure he’s rolling over in second banana heaven…or wherever…
ok smart guys, what’s the inflationary increase in the value of Frank’s hair?