Welcome to Savings Guide
Daylights Savings Time Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Savings Bonds – The Basics
from:Introduction
Saving bonds are basically debt securities which are issued by the U.S. Department of the Treasury in order to fund the U.S. government's borrowing needs.
Considered as one of the safest forms of investments in the US, savings bonds come in various types and categories and have a series of benefits associated with them.
Types of Saving Bonds
There are three main categories of savings bonds at the present. It is important to note that the categories of savings bonds might undergo changes over the due course of time.
The various categories include:
1. Series EE Bonds – Having replaced the earlier Series E bonds, these are purchased at a discount of half to their face value. As per the government regulations, in a given calendar year, you can only buy upto a face value of $5,000. These EE bonds increase in value in accordance with interest that accrues or accumulates. Such saving bonds pay an interest for 30 years and when the bonds mature, the buyer is paid the original investments, along with all the interest.
2. Series HH Bonds – The Series HH Bonds are those that can only be purchased in exchange for the Series EE or E binds and Savings Notes, or, alternatively, with the proceeds form a matured Series HH bond.
These savings bonds are purchased at their face amount, in $500 to $10,000 denominations, but carry no upper limit on the amount that can be purchased. In addition, they do not increase in value and have a maturity period of 20 years.
3. Series I Bonds – The savings bonds of this category are sold at face value and grow with inflation-indexed earnings for a period of up to 30 years. Bonds worth the amount of $5,000 can be bought in a particular calendar year.
Tax and Other Benefits
To begin with, savings bonds are regarded as the safest form of investment in US, being backed by the full faith and credit of the U.S. government.
The other numerous benefits of opting for savings bonds include:
• Federal taxes on the interest amount can be deferred until the buyer cashes in the bond or stops paying the interest at maturity.
• Saving bonds are exempt from the state and local taxes, helping you to save further
• Being registered with the U.S. Treasury's Bureau of Public Debt, these bonds can be replaced if the bond is lost, stolen or destroyed.
Considered as one of the safest and most lucrative form of investments in the U.S., these savings bonds find a large number of takers every year, especially amongst those looking at enjoying the tax benefits involved.
??
??
??
??
1
Daylights Savings Time Specific links
Daylights Savings Time News
This Week's Sky at a Glance - Sky & Telescope
This Week's Sky at a Glance Sky & Telescope This week, Scorpius is standing well up in the south-southeast by about 11 pm daylight saving time. The Sagittarius Teapot is just rising. How high they appear depends on your latitude. This shot was taken near 40° north. By late evening the summer ... |
Municipalities, not school districts, responsible for flashing lights - Allentown Morning Call
 Allentown Morning Call | Municipalities, not school districts, responsible for flashing lights Allentown Morning Call Also, some elementary schools provide breakfast, producing seemingly early flash-time starts. Most of Allentown's 47 lights do not have timers that automatically adjust for daylight-savings time. That number covers 22 public and parochial schools, ... |
Pfizer Invites Public to View and Listen to Webcast of June 3 Pfizer Analyst ... - MarketWatch (press release)
Pfizer Invites Public to View and Listen to Webcast of June 3 Pfizer Analyst ... MarketWatch (press release) ... of a presentation by Pfizer's oncology leadership team at an analyst and investor meeting on Sunday, June 3, 2012 at 6:00 pm Central Daylight Saving Time, in connection with the annual meeting of the American Society of Clinical Oncology (ASCO). |
Eight Little Giants at Track Nationals - Wabash College
 Wabash College | Eight Little Giants at Track Nationals Wabash College All times listed are Pacific Daylight Savings Time. The national championship meet will be hosted by Claremont-Mudd-Scripps Colleges in Claremont. Live video of the meet is availablehere and live results can be tracked here. McCarthy (below left) is ... |
SpaceX Capsule Joins to Space Station - All Things Digital
SpaceX Capsule Joins to Space Station All Things Digital The unmanned Dragon capsule's halting, painstakingly slow final movements toward the station, where it was grabbed by a robotic arm at 9:56 am Eastern daylight saving time, represents a first-of-its-kind achievement in the annals of space science. |