Savings bonds deductions move to direct deposit Sept. 30|
Posted 6/17/2010 Updated 6/17/2010
Air Force Personnel Center Public Affairs Office
6/17/2010 - RANDOLPH AIR FORCE BASE, Texas -- Airmen and Department of Defense civilians will use a new way to purchase savings bonds beginning Sept. 30 as part of the U.S. Department of Treasury's cost-effective plan to issue savings bonds electronically.
Instead of payroll deductions, savings bonds will be available through a direct deposit deduction by setting up a Treasury Direct account. Treasury Direct offers an option for payroll savings using a payroll direct deposit.
Airmen and DOD civilians interested in learning more about how to set up a Treasury Direct account should visit http://www.savingsbonds.gov/indiv/products/prod_paperpayrollsavings.htm.
For more information visit the Air Force Personnel Center's personnel services website. Air Force employees may call the 24-hour Total Force Service Center at (800) 525-0102 or DSN 665-5000.