After the successor representative payee is appointed, the payee must be instructed
that he/she is responsible for having the payee legend on the savings bonds changed.
The successor payee must obtain and complete a form PD F 1455 (Request by Fiduciary for Reissuance of United States Savings Bonds/Notes) as required
by the Department of the Treasury, Bureau of the Public Debt.
Form PD F 1455 can be obtained from any Federal Reserve Bank, branch, or other banking
institutions (including credit unions) in the United States. The form is also available
from the Bureau of Public Debt's Internet site at www.savingsbonds.gov under the Forms heading.
The payee will also need to provide a copy of the recent change of payee notice. However,
if the notice is dated more than 3 months prior to the submission of the bond, the
PC or FO must provide the payee with an exact copy of the change of payee notice which
includes SSA certification that the notice it is still in full force and effect.
If the face amount of the bond(s) exceeds $100, the applicant must appear before and
establish identification to the satisfaction of an officer authorized to certify requests
for payment of United States Savings Bonds and sign the application in the officer's
presence. Authorized certifying officers are also available at banking institutions
(including credit unions) in the United States. The officer will complete the certification
forms provided and affix the seal or stamp required in certifying requests for payment.
If the amount of the bonds is $100 or less, the application may be signed without
the signature(s) being certified.
NOTE: When completing item 2 of Form PD F 1455, the “Taxpayer Identifying Number,” which
is required on the form, is the beneficiary's SSN.
The completed Form PD F 1455 and the bonds, as well as any other appropriate forms
and evidence, must be sent to the nearest Savings Bond Processing Site. The locations
and addresses of the five Savings Bond Processing Sites are listed at the end of the
instructions accompanying the form.
If the former payee failed to register the bonds in the approved form, the new payee
should inform the Savings Bond Processing Site that the bonds submitted for reissuance
were purchased with Social Security benefits.