Welcome to Savings Guide
Us Savings Bond Values Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
What is a Savings Bond?
from:Introduction
The government and authorities of the United States offers it citizens a vast number of opportunities for savings and enhancement of their income. From high-interest investments to those with a moderate-level interest but secure investments, such schemes have all sorts of saving opportunities to its citizens, a savings bond being one of the most popular of its kind.
By definition, a savings bond is basically a debt security, issued by the US Department of the Treasury in order to fund the U.S. government’s borrowing needs.
Categories of Bonds
Though the categories might undergo a change over a period of time, yet at the present there are three main categories of a savings bond in the US.
Below, we’ve included a brief description of each one of these.
a) SERIES EE BONDS – This type of a savings bond is purchased at a discount of half to its face value. The government places an upper limit of the bonds worth $5,000 (at face value) in a particular year, for this category of a savings bond.
b) SERIES OF HH BONDS – A savings bond belonging to this category can only be purchased in exchange of the Series EE or E bonds, Savings notes or with the proceeds of a matured Series HH bonds.
c) SERIES I BONDS – This type of a savings bond is sold at face value and grows with the inflation-indexed earnings for period going upto 30 years.
The Benefits
A savings bond is associated with a vast series of benefits for its customers. Here we’ve briefly listed the main benefits associated with the purchase of a savings bond:
i) Extremely safe and secure, having full government faith and support
ii) Federal taxes on the interest amount can be deferred till the time the buyer actually cashes in the bond
iii) Such a savings bond is exempt from the state and local taxes, augmenting the customers savings even further
iv) As they are registered with the U.S. Treasury’s Bureau of Public Debt, this type of a savings bond can be easily replaced in case it is lost, stolen, destroyed or mutilated.
In addition, these bonds can be easily purchased from the commercial banks or through an employer by payroll deductions. These bonds can also be redeemed at many of the banks or alternatively, directly with Federal Reserve Bank. Such type of a savings bond can also be registered to a different set of people, in capacities including individual, joint and other forms of partnership.
Having a comprehensive support system form the government, a savings bond is surely one of the safest and trustworthy forms of investments in the US.
??
??
??
??
1
Us Savings Bond Values News
Savings bond gift matures into battle - Chicago Sun-Times
Savings bond gift matures into battle Chicago Sun-Times When I was a little girl, my grandmother gave me a US savings bond for my birthday. It has matured to its full value. My mother refuses to give it to me. She said that my grandmother intended it as a wedding gift. The last time I brought it up, ... Dear Abby | Savings bond threatens family bonds |
Savings bond gift matures into mom/daughter battle - Lake County News Sun
Savings bond gift matures into mom/daughter battle Lake County News Sun Dear Abby: I'm 30 years old and have a close relationship with my mother, but something is bothering me. When I was a little girl, my grandmother gave me a US savings bond for my birthday. It has matured to its full value. My mother refuses to give it ... |
Brandywine 8th grader wins VFW Patriot's Pen Contest; father earns VFW “Voice ... - Boyertown Berk Montgomery Newspapers
Brandywine 8th grader wins VFW Patriot's Pen Contest; father earns VFW “Voice ... Boyertown Berk Montgomery Newspapers Ritter received a $2000 US Savings Bond from the Pennsylvania Department of VFW and will receive a $1000 from the National VFW organization. She was sponsored by VFW Post 9264 in Macungie and VFW District 8. She qualified for the VFW national ... |
Traffic Stop Uncovers Stolen Pills, Savings Bonds - 10TV
 10TV | Traffic Stop Uncovers Stolen Pills, Savings Bonds 10TV Investigators said that they stopped a vehicle for a marked lanes violation and found 1928 illegal pills and 154 US savings bonds valued at $100 each. The couple was driving on County Road 300 near US Route 224 in Findlay, 10TV News reported. |
Choosing between tax-saving and tax-free bonds - Hindu Business Line
 Hindu Business Line | Choosing between tax-saving and tax-free bonds Hindu Business Line Several companies The market has been flooded with a spate of bond issues in recent times. Several companies such as IDFC, L&T infra, IFCI, REC, PTC Financial Services, HUDCO, IRFC, NHAI have lured us into parking our money with them by offering ... |
Bad economy means more savings for Monroe County - Pocono Record
Bad economy means more savings for Monroe County Pocono Record By David Pierce Bad economic news across the globe means even more cost savings for Monroe County, bond officials told Monroe County commissioners Friday. So many investors worried about the ripples of the Greek debt crisis have moved funds to US ... |
Greece warns bailout rebels of unknown, dangerous path | - Reuters
 Al-Jazeerah.info | Greece warns bailout rebels of unknown, dangerous path | Reuters GROWING REBELLION Despite the growing rebellion, analysts expect parliament to pass the package, which also includes a bond swap which will ease Greece's debt burden by cutting the real value of private investors' bond holdings by about 70 percent. Greece warns bailout rebels of unknown, dangerous path Greece Fails to Strike Deal on Pension Cuts, US Stocks Investors Still Hopeful Greeks fail to strike deal to take to Brussels |
Why the Greek Bailout Doesn't Change Much of Anything - CNN International
 CNN International | Why the Greek Bailout Doesn't Change Much of Anything CNN International If that money isn't on the way soon, Greece might default when its next bond refinancing takes place in late March. Despite all that money, however, little has really changed. You could argue that progress toward saving Greece – and thereby postponing ... Five world markets themes in the coming week They very temporary moved the overall market Greek deal to cut spending does not end debt drama |