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Benefits Administration
Retirement and Savings Programs
U.S. Savings Bonds
Note: Employees should consult with their own tax advisors before investing.
Although the university does not administer this program, we provide employees with information on available savings options.
As an additional savings/investment option, employees are eligible to purchase U.S. Savings Bonds (Series EE) through payroll deduction. Series EE bonds are Treasury securities that earn interest through semiannual increases in value (accruals) for up to thirty years.
Once a bond has been paid for through payroll deduction, it is sent to the employee. Interest is added to the redemption value every six months and paid to the investor when the bond is redeemed. Savings bonds purchased now must be held for at least 12 months before they can be cashed.
To enroll, complete the Enrollment Form (.pdf) and return to Payroll, University Hall 165.
If you do not have Adobe Acrobat reader, go to: http://www.adobe.com/products/acrobat/readstep2.html to download it.
Where can I get more information?
- For more information: U.S. Treasury Website, or Savings Bond FAQ.
- Call the U.S. Treasury at 1(800) 553-2663.