You will have the opportunity to enroll in our payroll savings plan for purchasing Series EE U.S. Savings Bonds or to increase your amount of savings if you are presently enrolled. Our Payroll Plan for Savings Bonds is an ideal way to accumulate savings for the needs or wants we all have - such uses could be to help finance homes, purchase automobiles, take vacations, provide for children's education, ensure a better retirement, or provide for emergencies. Savings Bonds are an excellent way to invest your money. Consider the advantages.
Interest is compounded semi-annually.
Bonds earn a Long Term Rate based on 5-year Treasury securities, after 5 years. Federal taxes may be deferred until the bonds are redeemed. Further Federal tax deferral is provided when exchanged for Series HH Bonds. Additionally, Federal taxes may be eliminated or reduced when used for higher education. SAFE - Replaced free of charge if lost, stolen, or destroyed.