My employer has a traditional payroll savings plan. Do I need to convert to TreasuryDirect?
No, you can continue to participate in your employer’s traditional payroll savings plan as long as it is available. While Treasury’s long-term direction is to eliminate paper savings bonds, no date has been established for doing so. While paper savings bonds are available, your employer may continue, but is not required, to offer the traditional payroll savings plan.
Related Questions
- I used to participate in a traditional payroll savings plan. Can you automatically convert me to TreasuryDirect?
- I already participate in a traditional payroll savings plan. Can you automatically convert me to TreasuryDirect?
- My employer has a traditional payroll savings plan. Do I need to convert to TreasuryDirect?
