What features does Legacy Treasury Direct offer?
Legacy Treasury Direct allows you to conduct transactions online, over the phone, and by mail. In this program, you can buy Treasury bills, notes, and TIPS and hold those securities. You cannot purchase 30-year Treasury bonds, 20-year TIPS, 7-year notes, 4-week bills, or Cash Management bills in Legacy Treasury Direct. You designate the financial account into which we make payments and from which we make withdrawals. We send account statements to you by mail. We don’t charge any fees when you open an account or buy securities. (We impose an annual maintenance fee, but ONLY IF your account has a total par amount of more than $100,000.) You can reinvest most maturing securities. Although you have a direct relationship with us, your financial institution, government securities broker, or dealer can submit a bid for a security to be delivered to Legacy Treasury Direct for you.
Legacy Treasury Direct allows you to conduct transactions online, over the phone, and by mail. In this program, you can buy Treasury bills, notes, and TIPS (except for the 20-year maturity), and hold those securities. You cannot purchase 30-year Treasury bonds or 20-year TIPS in Legacy Treasury Direct. You designate the financial account into which we make payments and from which we make withdrawals. Treasury sends account statements to you by mail. They don’t charge any fees when you open an account or buy securities. (They impose an annual maintenance fee, but only if your account has a total par amount of more than $100,000.) You can reinvest most maturing securities. Although you have a direct relationship with Treasury, your financial institution, government securities broker, or dealer can submit a bid for a security to be delivered to Legacy Treasury Direct for you.
Legacy Treasury Direct allows you to conduct transactions online, over the phone, and by mail. In this program, you can buy Treasury bills, notes, and TIPS and hold those securities. You cannot purchase 30-year Treasury bonds, 30-year TIPS, 7-year notes, 4-week bills, or Cash Management bills in Legacy Treasury Direct. You designate the financial account into which we make payments and from which we make withdrawals. We send account statements to you by mail. We don’t charge any fees when you open an account or buy securities. However, if your account holds more than $100,000, you will be charged an annual maintenance fee of $100. You can reinvest most maturing securities.
