Welcome to Savings Guide
What Is Daylight Savings Time 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
What Is Daylight Savings Time News
Prime time for porgying playground - Royal Gazette
Prime time for porgying playground Royal Gazette It is pretty hard not to notice that the days are getting longer as daylight persists to about six in the evening. Mornings still tend to be dark but with a return to Daylight Savings Time coming into force in just four weeks' time, we should stay used ... |
Daylight Savings stays, bill eliminating it goes - KSL-TV
 KSL-TV | Daylight Savings stays, bill eliminating it goes KSL-TV By Ladd Brubaker SALT LAKE CITY — The sponsor of a bill to do away with Daylight Saving Time in Utah says his proposal is in earnest. "This is not a publicity stunt, and this is not a message bill," Rep. Jim Nielson, R-Bountiful said Friday before the ... Committee Shuts Down Plan to End Daylight Savings Time |
Tom Wilson: Knoxville clock once beloved possession - Galesburg Register-Mail
Tom Wilson: Knoxville clock once beloved possession Galesburg Register-Mail It is interesting to note that when most Illinois cities were debating the adoption of Daylight Savings Time the Knoxville old town clock got into the mix. Galesburg city fathers adopted the unique time change and Knoxville officials became involved in ... |
Daylight Saving Time - Boonville Daily News (blog)
Daylight Saving Time Boonville Daily News (blog) By Elizabeth Davis Congress passed legislation on February 9, 1942, that put the United States on Daylight Saving Time year round. Called “war time,” it was a measure meant to conserve our resources during World War II. Although that law was repealed ... |
Ending daylight saving time called danger - UPI.com
Ending daylight saving time called danger UPI.com 19 (UPI) -- Russian President Dmitry Medvedev's decision to end daylight saving time, creating darker mornings, can negatively affect mood and health, some experts say. Medvedev's decision a year ago to switch to "permanent summer time" came after ... |
Once again, government ignores the will of the people - South Bend Tribune
Once again, government ignores the will of the people South Bend Tribune How about daylight saving time? And "right-to-work"? The last few weeks thousands of Indiana residents have gathered at the Statehouse voicing opposition to the right-to-work bill, but once again, our government wasn't listening. |
Be Aware of the Ides of March - Barron's
Be Aware of the Ides of March Barron's In addition to marking the beginning of daylight-saving time, March 11 starts the week in which the Federal Reserve might begin releasing detailed results on a round of stress tests on 31 banks with assets of $50 billion or more. |
Daylight-saving time wrongly politicized - The Herald Journal
Daylight-saving time wrongly politicized The Herald Journal What is really behind the almost annual push by some Utah Republicans to end daylight-saving time in our state? The argument typically begins with something about it being inconvenient for residents to have to “spring forward” and “fall back” each year ... |