Purchasing a savings bond

A quick and easy way to invest a portion of your federal return and watch it grow over time.

New to all taxpayers in 2010 is the U.S. “Series I” Savings Bond. These bonds – designed as longer-term investments – accrue interest until redeemed or until reaching final maturity 30 years from date-of-purchase.

They can be purchased directly through your filing form and in denominations of $50, $100, $200, $500 and $1,000. Once ordered, they will be mailed directly to your home.

More information on purchasing a “Series I” savings bond with your federal tax refund.