Released: September 03, 2010
Paper Savings Bonds being phased out for electronic ones
Source: Sandy Block, USA Today
U.S. Savings Bonds, long favored by gift-givers and conservative investors, are going paperless.
Starting Sept. 30, federal employees who invest in Savings Bonds through payroll deductions will be required to buy them from TreasuryDirect.gov, where they’ll be stored electronically. The requirement will extend to private-sector employees on Jan. 1, 2011.
Read Full Article: Paper Savings Bonds being phased out for electronic ones
Tags/Keywords
savings, headlines, bonds, federal employees, u.s. treasury, u.s. savings bonds, savings bonds
Article Statistics
Article Viewed: 1611
Quick Menu
Support Consumer Action
Join Our Email List
Consumer Help Desk
- Help Desk
- Submit Your Complaints
- Frequently Asked Questions
- Links to Consumer Resources
- Consumer Service Guide (CSG)
- Alerts
- Consumer Booknotes