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A $50 Series I United States Savings Bond certificate, which features Helen Keller. United States Savings Bonds are debt securities issued by the United States Department of the Treasury to help pay for the U.S. government's borrowing needs.
There are currently two types of U.S. savings bonds: Series EE and Series I. Both types of bonds are sold at face value — in amounts between $25 and $1000 — and you can purchase up to $10,000 ...
Series I bonds are available in multiples of $50, from $50 to $5,000, with face values of $50, $100, $200, $500, and $1,000. ... Bonds are backed by the federal government.
The U.S. government first issued Series E bonds to fund itself during World War II, and it continued to sell them until 1980, when Series EE bonds superseded them. Series E bonds are no longer issued.
The federal government allows qualified holders of Series I bonds — and Series EE bonds, too — to exclude from their income any interest paid when the bonds are cashed as long as the bond ...
The State and Local Government Series (SLGS) is issued to government entities below the federal level which have excess cash that was obtained through the sale of tax-exempt bonds. The federal tax code generally forbids investment of this cash in securities that offer a higher yield than the original bond, but SLGS securities are exempt from ...
Series I savings bonds, or I bonds, are issued by the Treasury Department and offer a way for people to save money that is protected from inflation. This helps protect the purchasing power of your...
Discontinued paper Series EE savings bond from 1983, with serial number in punched card format. Treasury stopped selling paper Series EE and I savings bonds on December 31, 2011, requiring people to use the TreasuryDirect website to purchase them, except for paper Series I bonds purchased using a tax return. [8]
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