Welcome to Savings Guide
High Yield Savings Accounts Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
United States Savings Bonds – An Insight
from:Introduction
The need to encourage a larger section of the citizens to build up their savings and also to develop a reservoir to fund the government’s borrowing needs, led the US government to develop lucrative schemes such as the United States Savings Bonds.
Widely regarded as one of the safest forms of investments in the US, these savings bonds are basically the debt securities issued by the U.S. Department of the Treasury, offered in a series of categories and denominations.
Key Benefits
There are a host of benefits that are associated with the purchase of the United States savings bonds.
The most important benefit of this form of investment in the US is that it is the safest way to secure and earn from your savings, the bonds being fully backed by the faith and credit of the U.S. government.
In addition to this, the federal taxes on the interest amount that is earned can be deferred until the buyer cashes in the bond, or alternatively, stops paying the interest at maturity. The United States savings bonds are also exempt from the state and local taxes, helping you save further.
Moreover, since these bonds are registered with the U.S. Treasury’s Bureau of Public Debt, they can be easily replaced in case the bonds get lost, stolen, mutilated or even destroyed.
Categories of US Saving Bonds
There are three main categories of US Saving Bonds that are currently being issued, though these categories might be subject to change form time to time.
Below we’ve included a brief description of each one of these.
a) Series EE Bonds – This category of the United States savings bonds are purchased at a price, half to that of the face value. The government allows the investor to purchase only bonds worth $5,000 up to face value in a given calendar year. The value of the EE bonds further increases in accordance with the interest that accumulates. Such bonds also pay an interest for a period of 30 years and upon maturity, the investor is paid the original investments along with the amount of interest that has accrued.
b) Series HH Bonds – This type of bonds can only be purchased in exchange for the Series EE or E bonds, Savings Notes or with the proceeds from a matured Series HH bond. Purchased at their face value in the denominations of $500 to $10,000, these bonds carry no upper limit. However they don’t increase in value and have a maturity period of 20 years in all.
c) Series I Bonds – These bonds are sold at face value and grow with inflation-indexed earnings for a period up to 30 years. Moreover, these bonds also have an upper limit of $5,000 that can be bought in a particular calendar year.
??
??
??
??
1
High Yield Savings Accounts News
How to Improve Yields on Your Cash Savings - MarketWatch (press release)
How to Improve Yields on Your Cash Savings MarketWatch (press release) "We now give you access to high-yield FDIC-insured savings and CDs, plus high-yield savings accounts in fifteen international currencies which also have FDIC insurance." "The average money market mutual fund is yielding 0.02% -- that's just two cents a ... |
College Savings Bank Introduces New High Yield, FDIC Insured Savings Account ... - MarketWatch (press release)
College Savings Bank Introduces New High Yield, FDIC Insured Savings Account ... MarketWatch (press release) The College Savings Bank Honors(TM) Account offers one of the highest yielding, FDIC-insured savings account rates within the 529 industry. PRINCETON, NJ, Feb 02, 2012 (BUSINESS WIRE) -- With one of the highest rates available in the 529 market, ... |
American Express Bank Savings Rates and Account Review - MonitorBankRates.com
American Express Bank Savings Rates and Account Review MonitorBankRates.com American Express Bank, the banking division of the credit card company American Express continues to offer one of the best savings rates available right now. Amex Bank is current offering their High Yield Savings Account at 0.90% with an APY of 0.90%. |
Best Bank Account Interest Rates - Summary for Week Ending February 11, 2012 - Deposit Accounts (blog)
 Deposit Accounts (blog) | Best Bank Account Interest Rates - Summary for Week Ending February 11, 2012 Deposit Accounts (blog) In three weeks UFB Direct has cut its Airline Rewards Savings account rate three times. The last cut was on Tuesday when its yield fell from 1.05% to 0.95%. If you're going to choose an internet savings account with the highest yield, it's important to ... |
Ask Matt: Finding stocks with the highest dividend yields - USA TODAY
 USA TODAY | Ask Matt: Finding stocks with the highest dividend yields USA TODAY By Matt Krantz A: Looking for stocks with big dividend yields has practically turned into a national pastime. Tired of getting less than 1% annual interest from "high yield" savings accounts, and even less with some government securities, investors are ... |
A Money-Market Alternative to Money-Market Funds - Wall Street Journal (blog)
 Wall Street Journal (blog) | A Money-Market Alternative to Money-Market Funds Wall Street Journal (blog) By JACK HOUGH Short-term savings yields won't make anyone rich these days. But investors can pick up some extra cash—and get a little added safety—by switching from money-market funds offered by investment companies to money-market accounts held at ... |
A look at the top savings accounts - MSN Money UK
A look at the top savings accounts MSN Money UK Higher savings rates often come with worse small print. I'm going to give you two different examples. I'll show you why the highest-paying five-year savings account isn't the best and which accounts beat it. Then I'll show you why the highest-paying ... |
Savings Account Rate Deal of the Day: Northeast Arkansas Credit Union at 2.02% APY - Go Banking Rates
Savings Account Rate Deal of the Day: Northeast Arkansas Credit Union at 2.02% APY Go Banking Rates Getting a head-start on a gift budget will leave you stress-free come the holidays, so sign-up for this high-yield deposit account today and be your family's personal Santa Claus at the end of the year. This savings account rate is reserved for ... |