Put your savings in good hands with United States Treasury Direct Savings bonds!
While a conventional savings account is a great way to keep your money safe, easily liquid, and accessible when you need it, savings bonds are a strong savings alternative for you that will mature your money while providing valuable tax and savings advantages for years to come.
Savings bonds are safe, low-risk savings products offered to you by the government that guarantee a return to all bond holders on a predetermined schedule. Offering safety and security to individuals who want fixed income investments, you can easily rely on savings bonds as a component of your long term savings strategies. Savings bonds interest rates are fixed, creating a valuable and risk-free way to mature your money and grow your investments. Whether you're saving for your future, putting away money for your children's college plans, or providing stable monetary gifts for your family members, savings bonds can offer the financial options you've been seeking.
- Electronic bonds are sold at full face value - ex: $100 for a $100 bond
- One year minimum term of ownership
- $10,000 maximum purchase per calendar year
- Current guaranteed interest rate of .10% through April 2014
- 30 year interest earning period
- Redemption penalties of three months' interest before five years
- No penalties for redemption after 5 years
- 30-year interest-earning period
- Interest earnings exempt from state and local tax, but are subject to federal, estate, gift, and inheritance taxes
- Redemption can be excluded from federal tax when used to finance education
Purchase savings bonds with locked in interest rates today from the federal government and watch your money grow!