Working at a bank, I hear this question posed quite often. Savings bonds are mysterious at best. No one is sure what they are worth, what kind of interest they are earning, when they are supposed to cash them, and the list goes on and on. Here is some information to help you understand your ...
Most of us are happy when we find a 10-dollar bill that we had forgotten in a pants or coat pocket, but you could be one of the estimated two million people that have mature unclaimed savings bonds floating around, or you could have a 401k plan that you have forgot about. You might have ...
Paper savings bonds are safe, long term investments – but you can only get a return on them if you do not lose them. Which, of course, begs the question, “What to do if you lose a savings bond?” Fortunately, the U.S. Treasury department has provisions to help those who lose a savings bond recover ...
Who would have thought that Mom, Pop, Grandpa and Grandma would no longer be able to buy paper EE savings bonds and give them as gifts to the young’ens? Sad but true, the last of the paper savings bonds will be sold at financial institutions at year end, 2011. What will happen then? The new ...
Statistics show that 45% of people who open savings accounts never use them. The problem is that savings accounts require work. When you’re ready to make a deposit, you have to withdraw money from your checking account, deposit it into your savings account, and keep yourself from removing money from the savings account once it ...
Karla News
Karla News