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Creating a New Century of Savings

Creating a New Century of Savings. HOW DO WE SAVE? Some Examples:. 401K OR OTHER SAVINGS PLANS SAVINGS BONDS MUTUAL FUNDS IRAs CDs SAVINGS ACCOUNTS. Many Financial Advisors Recommend a Balanced Portfolio. STOCKS MUTUAL FUNDS Higher Risk/Return.

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Creating a New Century of Savings

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  1. Creating a New Century of Savings

  2. HOW DO WE SAVE?Some Examples: • 401K OR OTHER SAVINGS PLANS • SAVINGS BONDS • MUTUAL FUNDS • IRAs • CDs • SAVINGS ACCOUNTS

  3. Many Financial Advisors Recommend a Balanced Portfolio STOCKS MUTUAL FUNDS Higher Risk/Return SAVINGS BONDS SAVINGS ACCOUNTS CDs Low Risk/Guaranteed

  4. WHY SAVE WITH SAVINGS BONDS? • SAFE • CONVENIENT • AFFORDABLE • LIQUID • TAX ADVANTAGES

  5. WHY SAVE WITHSeries EE SAVINGS BONDS? • MARKET-BASED RATES • PURCHASED FOR 1/2 FACE VALUE • EARNS INTEREST FOR 30 YEARS

  6. WHY SAVE WITHSeries I SAVINGS BONDS? • FIXED RATE & INFLATION INDEXING • PURCHASED AT FACE VALUE • EARN INTEREST FOR 30 YEARS

  7. I BOND DESIGN“Honoring Great Americans”

  8. HOW ARE SAVINGS BONDS PURCHASED? Convenient Where You Work The Payroll Savings Plan • REGULAR • AUTOMATIC • AFFORDABLE ALLOTMENTS • SAVE IT BEFORE YOU SEE IT • CHOICE OF REGISTRATION

  9. HOW ARE SAVINGSBONDS PURCHASED? Convenient Where You Bank • AT YOUR BRANCH • HOME BANKING • BOND-A-MONTH • CHOICE OF REGISTRATION • GIFT GIVING MADE EASY

  10. HOW ARE SAVINGSBONDS PURCHASED? Convenient Directly from Your Account The U.S. Savings Bonds EasySaver Plan • REGULAR & AUTOMATIC • ACH DEBIT FROM BANK ACCOUNT • AFFORDABLE • CHOICE OF REGISTRATION • GIFT GIVING MADE EASY

  11. HOW ARE SAVINGSBONDS PURCHASED? Convenient by Internet The Savings Bond Connection • ORDER ONLINE AT WWW.SAVINGSBONDS.GOV • PAY BY MASTERCARD OR VISA • AVAILABLE 24/7 • CHOICE OF REGISTRATION & PURCHASE AMOUNTS • CUSTOMIZED GIFT CERTIFICATE

  12. POWER OF COMPOUNDING YEARS OF SAVING $50 MONTHLY

  13. EDUCATION TAX FEATURE Plan 1 • Bonds registered in parent’s name • Owner 24 years of age at purchase • Child may be beneficiary, but not co-owner • Interest may be excluded if these and other restrictions are met (refer to IRS Publication 550).

  14. EDUCATION TAX FEATURE Plan 1 INCOME LIMITS* • Joint Filers: $83,650 - $113,650 • Single Filers: $55,750 - $70,750 *For 2001—Adjusted annually for inflation.

  15. EDUCATION TAX FEATUREPlan 2 • Register bonds in child’s name • Parent may be the beneficiary • Child reports interest annually or defers until redemption • First $750* earned annually is tax exempt • The next $750* is taxed at the child’s rate *For 2001--Subject to adjustment annually.

  16. www.savingsbonds.gov • Free software (The WIZARD) • On-Line Savings Bonds Calculator • Current bond values • Interest rates • Forms • Description of bond programs • Answers to your questions

  17. For more information: Visit us atwww.savingsbonds.gov Read the Information Brochure Call 1-800-4US-BOND

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