Redeeming your Payroll Zero-Percent Certificate of Indebtedness (C of I) on TreasuryDirect is pretty painless — you can pull out the whole balance or just part of it whenever you want. Before you get started, have your primary TreasuryDirect login ready. The whole process takes just a few minutes, and the money usually hits your account within two business days.
Log in to your primary TreasuryDirect account, then click the ManageDirect tab at the top of the page. Under Manage My Securities, click “Redeem securities.”
On the Redemption page, pick Payroll Zero-Percent C of I from the list and hit “Submit.” This takes you to the actual redemption request page, where you’ll choose how much to take out. Select “Redeem full amount” if you want everything, or “Redeem partial amount” if you only want a specific dollar figure — just type it in.
Next, use the dropdown to pick which account you want the funds sent to, then click “Submit” to get to the review page.
Take a second to look everything over. If anything’s wrong, click “Edit” to fix it and resubmit. If it all looks right, hit “Submit” one more time to finalize the request.
A confirmation page will come up once the request goes through. Print it or save it somewhere — handy to have if anything comes up later. Your funds will be credited to whichever account you selected within two business days of the redemption date.