Payroll Office
Savings Bond Purchase
Employees are allowed to enroll and purchase Savings Bonds through deductions via the Payroll Office. Employees may purchase up to three bonds per month of either Series EE and/or Series I bonds.
Purchase Options
1. Entire amount deducted in one month.
2. Two equal deductions to complete one purchase.
Enrollment
To enroll, modify current purchase options, or cancel the Savings Bonds payroll deductions, please print, complete, sign, and submit to the Payroll Office a U.S. Savings Bond Payroll Form.
Department of Treasury Information
Effective 1/1/2008, Dept of Treasury issued an annual purchase limitation of $5,000 per Social Security Number. The annual limit applies separately to Series EE and Series I, and separately to bonds issued in paper or electronic forms. UTSA only offers Electronic Bond Purchase method, and as a result employees are limited to $5,000 bond purchase each for both Series I and EE for a total of $10,000 per calendar year.
Effective 2/1/2003, Savings bonds cannot be redeemed within twelve (12) months from date of purchase.
For additional information in regards to bonds already purchased, visit Treasury Direct.
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