Payroll Savings Bonds

Payroll Savings Bonds provide an opportunity for employees to save money by investing in savings bonds through payroll deduction. Payroll Savings Bonds, offered by the U.S. Treasury's Bureau of the Public Debt and administered by the Federal Reserve Banks, are available to both businesses and financial institutions. There are no charges associated with this service.

The Payroll Savings Plan for Paper Savings Bonds (PDF) is inexpensive and easy for your organization to administer. In fact, more than 40,000 employers have incorporated the Payroll Savings Plan into their normal payroll procedures and have found the program requires little time and effort to maintain. With this service, a paper security is issued to the bond owner.

To take part in the Payroll Savings Plan, visit Payroll Savings Bonds setup and contact your Treasury Retail Securities Site.

You can also offer electronic securities to your employees through electronic payroll savings with TreasuryDirect Payroll (Off-site Link, PDF). With this service, the securities are maintained in a secure electronic account on the Internet. You can open a TreasuryDirect account here.

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