Last Chance to Buy Paper Savings Bonds

Starting on the first of the new year, paper bonds are going to stop being made and sold. This is big news because paper bonds have been around since 1935 and are now being taken over by electronic bonds that can only be purchased online. This plane called the "All Electronic Initiative" was announced last year and is now going into effect. The Treasury Department estimates that $120 million could be saved with the use of electronic bonds over the next 5 years. Yet another step to the bright future of the world.