Investment

Federal, state, and local taxes are not levied on bonds issued by the government of Puerto Rico and its subdivisions (so called “triple tax exemption”). Unlike other triple tax-exempt bonds, however, Puerto Rican bonds maintain their exemption independent of the bond holder’s location. This has made Puerto Rican bonds very appealing to municipal investors, who […]

Premium Bonds cannot be inherited or transferred to another person’s name in the same way as funds from bank accounts and savings accounts can. Instead, if you’re administering someone’s estate and need to deal with their Premium Bonds, you have two options. The first option is to sell them while they are still in the

Premium Bonds cannot be inherited or transferred to another individual if an NS&I customer dies. When a person dies, how do you cash in bonds? Don’t do anything. Until the bond matures, it will continue to receive interest. Our office will hold semi-annual interest payments and pay them when the bond is cashed. Reissue: Have

Have a large sum of money to set aside (the more bonds you have, the bigger your chance of winning a prize) Interest on savings is taxed (and have already used up your annual cash ISA allowance) The concept of a prize draw appeals to me (you could win big, but you also may not

So, if you buy bonds in January, they’ll be eligible for the March draw. If you’re transferring money from another savings account, do so in the last week of the month to minimize the amount of time the money isn’t generating interest and isn’t eligible for Premium Bonds. Are there any disadvantages to Premium Bonds?

Have a large sum of money to set aside (the more bonds you have, the bigger your chance of winning a prize) Interest on savings is taxed (and have already used up your annual cash ISA allowance) The concept of a prize draw appeals to me (you could win big, but you also may not

Have a large sum of money to set aside (the more bonds you have, the bigger your chance of winning a prize) Interest on savings is taxed (and have already used up your annual cash ISA allowance) The concept of a prize draw appeals to me (you could win big, but you also may not

This memorandum provides a summary of tax-exempt Private Activity Bond (formerly known as Industrial Development Bond) financing available under the Internal Revenue Code of 1986, as amended (the “I.R.C.”), including financing for manufacturing facilities, Section 501(c)(3) non-profit organizations, certain “exempt facilities,” and Enterprise Zones. This letter also discusses “Taxable Bond” funding and other incentives for

Prize bonds are a special type of investment that are effectively government-backed lotteries. Prize bonds, which are issued by National Savings under the State Bank of Pakistan (SBP), have been around for decades and are regarded a very safe investment. Are prize bonds renewable? National prize bonds (bearer or unregistered) are set to expire this

Sukuk investment certificates are comparable to bonds, but they aren’t dependent on debt, hence they’re halal. Interest payments on debt due are seen as usury, exploitative of the debtor, and are thus prohibited under Islamic teachings (haram). As a result, conventional bonds and other debt products that earn interest revenue are prohibited under Islamic rules.