This year the State of Illinois will conduct its Payroll Savings campaign from April 1 - June 30. There's no time like today to begin saving to provide for a secure tomorrow. Whether your financial needs are for a new home, car, vacation, education, retirement, or for a rainy day, U.S. Savings Bonds will help you reach your goals with safety, market-based yields, and certain tax benefits.
Savings bonds earn competitive interest rates that keep up with market conditions.
Interest you earn is exempt from state and local income taxes, and you can wait to pay Federal income taxes for up to 30 years or until you cash the Bonds. With Payroll Savings, you save money painlessly before you see it, and your savings grow steadily. Savings Bonds pay a good interest rate that is based on current market conditions. And while they are helping us, they are helping our country as well. Bonds are distributed with paychecks.