Bonds

As we begin a new year, we think about dieting, quitting bad habits, and finding inner peace. But there’s one more thing to add to the list of financial priorities for 2016: US savings bonds. Savings bonds were a massive issue in 1986, thanks to rising interest rates, and were almost as hot in some […]

According to Daniel Pederson, author of “Savings Bonds: When to Hold, When to Fold” and president of the Savings Bond Informer, only a few years have seen higher savings bond sales. Other notable years include 1992, when $17.6 billion in bonds were issued, 1993, when $13.3 billion was sold, and 2005, when $13.1 billion was

Progressive Insurance offers a number of insurance alternatives to give you peace of mind on the road, in your home, and in your everyday life. What is the difference between a surety bond and insurance? When a claim is filed, insurance protects the business owner, house owner, professional, and others from financial loss. Surety bonds

Progressive Insurance offers a number of insurance alternatives to give you peace of mind on the road, in your home, and in your everyday life. Is a surety bond protected by insurance? Risk is often dispersed among a group of comparable clients in most insurance policies, and policyholders contribute premiums to help cover losses. Surety

West Bank/East Bank (California, Georgia, Massachusetts, Nevada, New York, Texas, and Washington) People’s United Bank is a financial institution based in the United Kingdom (locations in Connecticut, Maine, Massachusetts, New Hampshire, New York, and Vermont) Keep in mind that practically all of the banks on this list only provide cash savings bonds to their customers.

Income from state and local obligations (municipal interest), which is tax-free in the United States, is not excluded from the Illinois Income Tax unless law specifically provides for it. Is the interest on municipal bonds taxable to the state? Residents of the issuing state are generally excluded from federal and state taxes on income earned

Although the current 2.2 percent interest rate on Series I savings bonds is appealing, purchasing the bonds has grown more difficult. Paper Series I and EE savings bonds—those handy envelope stuffer gifts—can no longer be purchased in banks or credit unions; instead, you must purchase electronic bonds through TreasuryDirect, the Treasury Department’s Web-based system. Our

Whether you have a paper or electronic savings bond will determine where you can cash it in. Paper bonds Your bank or credit union should be able to cash in your paper savings bonds. If you’re going to a financial institution where you’re not a member or customer, check to see if they’ll cash your

List of Savings Bond Cashing Banks Is it possible for a bank to refuse to redeem a savings bond? Bring your bond to your bank, but not any bank. It has to be an account that you’ve owned for at least six months. If that isn’t possible, you can use a government-issued photo ID to

List of Savings Bond Cashing Banks Paper bonds Your bank or credit union should be able to cash in your paper savings bonds. If you’re going to a financial institution where you’re not a member or customer, check to see if they’ll cash your bond before you go. Confirm what documents you’ll need to bring