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Saving bonds is a debt security note from the United States Treasury that guarantees the repayment of the note. This was started to help the nation in it's borrowing needs. You will find that savings bonds can not be taxed by any state or local governments. Deferment on federal taxes is also a plus as you do not get taxed on that money until it reaches finial maturity and is cashed in.

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Q: What is the purpose for a saving bond?
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What is the purpose of tax free bond funds?

The purpose of tax free bond funds is help investors gain interest while saving on the tax. One may find out more information from the articles listed on the site "Money Control".


What was the purpose the bond of 1844?

purpose of the 1844 bond


When you buy a United States saving bond you?

When buying a United States saving bond you have to sign papers. This savings bond is there to keep until you come to age.


How do you cash in a saving bond?

Just take it to a bank.


What is the value of a saving bond?

normally 5,000 dollars


What is the purpose of saving?

so you won't be poor


How much does a saving bond cost?

98 dollars 98 dollars


What is the difference between a surety bond and a savings bond?

Surety bond is a promise that you are taking for an another person who cannot pay their debit and in problem, Saving bond is promise of your payment for your benefit.


Which option for saving money typically offers the least liquidity?

Basic savings account


When you buy a united States savings bond you?

When buying a United States saving bond you have to sign papers. This savings bond is there to keep until you come to age.


What does OR on a us savings bond mean?

Ok when you buy a saving bond you are giving money to the US and over time you are expected to get more money out of the savings bond than you bought it for. Like you bought a $10 saving bond 20 years ago. When you go to cash it in you expect to get $35. But im not sure about the rates.


Bond in a sentence?

I look forward, if selected, to strengthen this bond of common purpose.