Newspapers / Jones County Journal (Trenton, … / Dec. 26, 1963, edition 1 / Page 6
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How to be smarter than your wife W' ■. (on the subject of Savjngs Bonds) Of course, there’s no question about who's smarter at your house on most subjects. But to remove any doubt as to who knows more about U. S. Sav ings Bonds, the Treasury Department presents this little quiz. You take it first so you’ll know all the answers and then pop it on your spouse. Great for the morale. 1. A Series E Savings Bond reaches maturity in: □ 5 years □ 7% years □ 10 years 2. The money you earn from Savings Bonds is exempt from state And local income taxes. □ true □ false 3. You have to be an American to buy U. S. Savings Bonds. •£J true □ false • • " 4. Americans owned more Savings Bonds in: □ 1943 0 1963 □ 1963 5. Uncle Sam will give you a neve Bond free if: □ You accidentally toss it in the washing machine □ The neighbor’s dog swallows it whole > □ A thief steals it 6. It’s hard to redeem a Savings Bond. □ true □ false 7. A Bond that costs $18.75 will: □ Grow to $25 and stop □ Keep on growing if you don’t cash it in W 8. If you have a large Bond, you can cash in just part of it. □ .true □ false > ^ . 9. The 20,000 banks and other i agents which sell f smssr □ true □ false 10. You can have r youjf Bonds for. ANSWERS 1.7% years is correct. 2. True. What’s more, federal tax on E Bond interest may be deferred until the Bond is redeemed. 8. Generally speaking, true. You must be either a resident; a citizen liv ing abroad; or an employee of the ■ U.S., military or civilian. 4. In spite of the fact that Bond er buying was nearly universal durihg ft the war years, the correct answer |is 1983. E You’re right no matter which an jjawer you checked. IFalse. Any bank will redeem your IE Bond anytime after the two months’ holding period. 7. A Series E Bond will keep growing for 10 years past maturity. Exten sion is automatic. 8. True. If you had a $100 Bond, for instance, you could get cash for 14 its current value, and have smaller Bonds issued for the balance. 9. True. Banks and other financial institutions offer this valuable lO.Trne.. A. perfect example'is the .vings Plan. You can for other people, too. make excellent gifts.
Jones County Journal (Trenton, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 26, 1963, edition 1
6
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