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The clipping this text was read from
The clipping this text was read from

United States Savings Bonds vs. the Piggy Bank. 1. If the Piggy Bank is stolen, you lose what’s in it. That’s the way it is with cash. If a Bond is stolen, you get a new one. 2. A Pig$y Bank is easy for even its owner to rob. But Bonds can be bought through your Payroll Savings Plan at work, and a little is taken out of each check before you can get your hands on it. 3. The Piggy Bank may look kind and generous, but it won’t give you any interest. A U.S. Savings Bond yields 6% when held to 5-year maturity. 4. The Piggy Bank money just sits there. A Bond helps your country.

In summary, you might wonder why grown folks would even use Piggy Banks. It’s so much smarter to buy Bonds.

Avoid that empty feeling. Buy U.S. Savings Bonds.

Senes E Bonds pay 6% interest when held to maturity of 5 years (4Vfe% the first year) Interest is not subject to state or local income taxes, and federal tax may be deferred until redemption

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