Expecting a tax refund this year? Consider setting aside a portion of it for savings. A great option for taxpayers of all income levels is saving bonds. Setting aside small sums of money in a safe place allows people to manage unexpected events, opens up opportunities for education, and helps build future financial security.
Did you know that for 75 years, Americans have had access to U.S. Savings Bonds? Today saving in bonds is easier than ever with the option to split a portion of your federal tax refund directly into Series I U.S. Savings Bonds. Simply check of a box on IRS Form 8888.
Quick Facts about Tax-Time Savings Bonds:
It’s really simple to purchase them too:
They also make great gifts:
Tax time savings bonds are simple to understand, safe, and convenient to purchase. If you are ready to get serious about finances this year, consider using your tax refund to jump start your savings.
Montana Credit Unions for Community Development (or MCUCD) is the award-winning, charitable arm of the Montana Credit Union Network. A state-wide nonprofit organization, MCUCD works together with the state's credit unions to improve the lives and financial independence of all Montanans.