Savings Guide

Online Savings Section


Online Savings Navigation

Main Home Page
Tell A Friend about us
Cool Savings |
Downey Savings Online Banking |
When Does Daylight Savings Time End |
American Savings |
Us Savings Bond |
Best Savings Rates |
Day Light Savings |
Savings Bank Of Walpole |
Easthampton Savings Bank |
Savings Account Online |

List of Savings Articles

Online Savings Best seller

Buy it Now!

Best Online Savings products


Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; rss_parser has a deprecated constructor in /home4/marcilio/public_html/loan/savings/datas/rss.class.php on line 2

Social bookmarking
You like it? Share it!
socialize it


Subscribe to our newsletter AND receive our exclusive Special Report on Savings
First Name:

Main Online Savings sponsors


Latest Online Savings Link Added


Submit your link on Online Savings!


Welcome to Savings Guide


Online Savings Article

Thumbnail example. For a permanent link to this article, or to bookmark it for further reading, click here.

Knowing the US Savings Bonds



The government of any state or country always strives to offer enhanced and lucrative services to their citizens to encourage investments. The US savings bonds are one such form of investment options offered by the US Treasury, with the aim of funding the government's borrowing needs and also encourage savings and investments.

Key Aspects

The US savings bonds are basically defined as debt securities which are issued by the US Department of the Treasury, also termed as obligations of the US government. The most significant aspect of these bonds is that they are exempt from state and local income taxes.

These US savings bonds can be easily purchased from commercial banks or through an employer by payroll deductions. Consequently, these bonds can also be redeemed at many of the banks or alternatively, directly with a branch of the Federal Reserve Bank. The fastest way to encash a bond is to use your own bank, credit union or savings, though some documentation might be required for the purpose.

Another aspect about the US savings bonds, which is important to know, is that at the time of purchase, these bonds can be registered to a single person, to two people or can be registered to a primary owner and a beneficiary. Besides, the interest from the US savings bonds can also be excluded if used to pay higher education expenses, such as the likes of college tuition.

There are two main types of US savings bonds which are currently being issued. Below, we have given a brief description of each one of these.

1. I Bonds – These bonds are issued either on paper or electronically. Purchased at face value denomination, the minimum purchase amount is $50 for a bond issued on paper, $25 for a bonds purchased electronically, via Treasury Direct. These bonds are an accrual-type security, which means that the interest is added to the bond monthly.

2. Series EE Bonds – These bonds are issued on paper as well as electronically. Paper bonds are purchased at half their face value or denomination, while the electronic bonds are purchased at face value. The minimum purchase amount is $25 for a $50 paper bond and $25 for an electronic bond, from Treasury Direct.

For both the Series I as well as the Series EE US savings bonds, the interest can be deferred or declared on your taxes annually.
In case, your US savings bonds are lost, stolen, destroyed or mutilated, you are required to furnish a prompt notice to the Department of Treasury with all the possible details of the bonds, which will then be replaced accordingly.


Fatal error: Uncaught Error: Call to undefined function eregi_replace() in /home4/marcilio/public_html/loan/savings/datas/persobanner_center.php:21 Stack trace: #0 /home4/marcilio/public_html/loan/savings/datas/center.php(8): include() #1 /home4/marcilio/public_html/loan/savings/datas/pages.php(77): include('/home4/marcilio...') #2 /home4/marcilio/public_html/loan/savings/online-savings.php(2): include('/home4/marcilio...') #3 {main} thrown in /home4/marcilio/public_html/loan/savings/datas/persobanner_center.php on line 21