Voluntary Benefit Program Details
Program Overview
Your company signs up with us (PDSA) to manage your U.S. Savings Bond investment benefit program. This program helps your employees save wisely with a highly secure, yet healthy growth investment vehicle that they can hold in their hands.
We arrange an on-site visit to your company to give your employees the details of the program and answer any questions they may have, as well as offer individual advice.
We maintain contribution paperwork, handle Bond purchases, and have the Bonds mailed directly to the participating employees, all for no fee.
Employees can call our toll-free number anytime to make changes and to have any questions answered. Employers need only handle new employee sign-ups.
Why Savings Bonds
Affordable - I Bonds are purchased at face value, $50 buys a $50 Bond! EE Bonds are purchased at half their face amount, $50 for a $100 Bond!
Easy to Buy - Thanks to the U.S. Savings Bond Payroll Deduction Program you can have a small amount taken from each paycheck to guarantee your Savings Success!
Safe and Secure - U.S. Savings Bonds are backed by the full faith and credit of the United States. Bonds will be replaced FREE if LOST, STOLEN, or DESTROYED.
Liquid Investment - Your investment will grow for 30 years, but Bonds can be CASHED anytime after 12 months.
Tax Advantages - Interest earned on U.S. Savings Bonds is exempt from state and local income tax. You can also defer paying Federal tax on the interest until you cash your bond or until it stops earning interest in 30 years!
Education Savings - Bonds can provide tax savings when used to finance Higher Education!
Additional Protection - Optional Bond Continuation Life Insurance.
Optional Continuation Life Insurance
A way to guarantee bond purchases into the future.
In the event of death, prior to retirement, the named beneficiary will receive a minimum of one bond a month for ten years or until the balance of death proceeds are insufficient to purchase additional bonds, whichever occurs first. This will be in the same denomination that was elected.
Together with a bond purchase, the continuation plan may be the savings alternative families are looking for.
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