|
Savings Bonds
return to Benefits
The University System offers faculty and staff the opportunity to
purchase Series EE U.S. Savings Bonds through payroll deductions. Faculty
and staff may choose from a number of bond denominations, including $100,
$200, $500, purchased at one-half the face value of the bond.
Interest earned on Savings Bonds purchased on or after January 1, 1990,
when used to pay the tuition and fees of institutions of higher learning,
may be completely tax free.
Savings Bonds may be redeemed, without a fee or commission, at any time
after twelve months from date of issue. Redemption agents include most commercial
banks and many other financial institutions.
UNH Human Resources Contact: Sherill MacDormand, 2-0504.
|
