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Hello and welcome to TreasuryDirect.

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This video will discuss the different
options you have for registrations.

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If you have an Entity account,
you cannot choose a different registration,

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as the entity registration is the only option
you can use when purchasing.

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In an Individual TreasuryDirect account,

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You have three different options
for registrations.

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The first option is Sole Owner.

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This places the entire authority over
and ownership of the bond in one person's name.

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This will be in your name alone
unless you choose the

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"This is a gift" option
at the bottom of the screen.

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The second option
is the Primary Owner option.

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This allows you to name two individuals
as owners, the primary owner

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with the full ownership rights
and authority, and a secondary owner

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with limited ownership
rights and authority.

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This will display
with the connector of WITH as the owner

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is sharing their security
with another person.

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The Primary Owner can choose to grant view
rights to the Secondary Owner

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so they can see it through their account
or they can grant them transaction rights,

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which will allow the Secondary Owner

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to redeem the security
through their own account.

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When the Primary Owner dies,
the Secondary Owner

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becomes the Sole Owner of the security.

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The third option is the
Beneficiary Option.

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This allows you to elect someone
to take over the authority

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and ownership of the security
upon the death of the Primary Owner.

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This will show
with the Connector of POD,

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which stands for Payable On Death.

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You can also set up registrations
for securities

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you wish to purchase as a gift
for someone else.

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In order to do this,
you will select the registration type

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and input the person
you want to give the security to

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as the Primary Owner,
including their Social Security Number.

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You can add a Secondary Owner
or Beneficiary if you choose.

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Keep in mind that you cannot name yourself
as the Secondary Owner,

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but can name yourself as the Beneficiary.

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Once you have filled in the registration,

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you will need to click the
"This is a gift" checkbox.

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Then click the submit button
to save the registration.

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Creating a registration list

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ahead of time will make it easier
to select a specific registration

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when you are purchasing a security.

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On the BuyDirect tab,

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you will select the security type
you wish to purchase.

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Then you can select the registration
from the dropdown menu. Or you can click

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the Add New Registration button
to create a registration.

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Once the security has been issued,
you can change the registration

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by selecting the ManageDirect tab,
selecting the Edit a registration option,

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choosing the security type,

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then selecting

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the individual securities
you wish to update.

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Any registrations you have created
will be available in the dropdown menu,

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or you can create a new one by selecting

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the Add a new registration button.

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Note, however, that you cannot choose
a gift registration

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because the Primary Owner
cannot be changed

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once the security has been issued.

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Please note for all registration types
you must have

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the name and Social Security
Number of each registrant.

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And that's it.

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Those are the different registration
options available in TreasuryDirect.