Beginning September 30, employees no longer will be able to purchase paper savings bonds through payroll deduction.
The U.S. Treasury will stop issuing paper savings bonds through employer-sponsored payroll savings plans. Instead, employees must set up a TreasuryDirect account to participate in the plan. TreasuryDirect offers a voluntary option for payroll savings, using a payroll direct deposit just like any other direct deposit.
Paper savings bonds will remain available for purchase through financial institutions.
No comments:
Post a Comment
Thank you for your input; your comment will be posted soon. If you don't have a Google account, don't worry, just select "Anonymous" to post your comment. Or, select "Name/URL" and type in your name.