Blog Archives

Guest blog: Saving the Savings Bond: The “SAVINGS Act” in 2013

Savings BondsSavings bonds have an interesting history. First introduced in 1935, they were designed to “appeal primarily to individuals with small amounts to invest” and used as a way to expand participation in government financing. Their conceptual predecessor was the war bond, which, in various forms, has been available in the US as far back as the American Revolution. Although war bonds come and go, savings bonds have been offered to the public continuously since their inception, and tax-time savings bonds, savings bonds you can purchase directly on your tax form, have been available since 2009. By using IRS Form 8888, while preparing her taxes, a taxpayer could choose to “impulse save,” or set aside a part of her refund to purchase a U.S. Savings Bond, effectively pre-committing to save the money before she actually receives it. Read the rest of this entry

US Savings Bonds Campaign: Savings Bonds During Tax Time

Savings Bonds

U.S. Savings Bonds are an easy and secure way to save for the future

Want a safe, easy and secure savings product to offer during tax time? In partnership with the Doorways to Dreams Fund Inc., NCTC wants to support an easy way for tax filers to save during the tax season. Taxpayers can take a part of their refund and buy a savings bond! Read the rest of this entry