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Save & Invest

FDIC Consumer News

Submitted by Admin on
This website presents brief descriptions of articles in past editions of the FDIC Consumer News. This important newsletter provides practical guidance on how to become a smarter, safer user of financial services. Each issue offers helpful hints, quick tips, and common-sense strategies to protect and stretch your hard-earned dollars.

Tax Planning for U.S. Savings Bonds

Submitted by Admin on
This website provides information about the tax advantages of saving with US Savings Bonds. If you only look at the rate your savings bonds are earning, they may not seem like a strong investment. But when you factor in all the tax advantages, your bonds are earning more than you think. The site includes a Tax Advantages Calculator.

Retirement Planning Using Savings Bonds

Submitted by Admin on
This website provides information on using US Savings Bonds to save for retirement. Did you know that a person retiring at age 65 spends an average of 18 years in retirement? Experts estimate that you'll need 70-80% of your pre-retirement income—lower earners will need 90 percent or more—to maintain your standard of living when you stop working. This is based on the assumption that you'll cut out many of your current expenses, like commuting costs, when you retire.