Employee Benefits
U.S. Savings Bonds
Whether you are saving for a new home, car, vacation, education, retirement, or for a rainy day, U.S. Savings Bonds can help you reach your goals with safety, market-based yields, and tax benefits. The money invested in savings bonds directly helps finance our country's borrowing needs. The interest earned on savings bonds is exempt from all state and local income taxes. Federal income taxes on the interest are deferred until the bonds reach final maturity, or you redeem them, whichever is first.
Make saving automatic; the new Series I Bond and the Series EE Bond are both easy to buy through the University of Wisconsin as an after-tax payroll deduction. Call National Bond & Trust at 1-800-426-9314 for more information.
Reasons to Consider U.S. Savings Bonds:
1. Safe and secure - backed by the U.S. Treasury Department.
2. Interest earnings are federal tax-exempt if used for college tuition.
3. Interest earnings are always state and local tax-exempt.
4. Guaranteed returns over and above inflation rate for up to 30 years.
5. Liquid investment - can be cashed after one year at your bank.
6. You pick the deduction level.
7. You can buy bonds for your children and grandchildren too.
8. You can't lose your money!
For more information on Savings Bonds you can visit www.savingsbonds.gov or call 1-800-4US-BOND for recorded rate information.
To sign up please contact your staff benefits office. The UW Savings Bond Program is administered by National Bond and Trust Company.
National Bond and Trust Company contact information
National Bond and Trust Company web site
| Disclaimer | Questions About This Site | Questions About Your Benefits |
This document was last revised on March 2, 2009
