NTEU Chapter 46
1100 Commerce Street,
MC 1700 DAL, Room 833
Dallas, TX 75242
Office: 214-413-5555
Fax 214-413-5560
The Department of the Treasury has informed NTEU that, effective September 30, 2010, it will eliminate Federal Payroll Savings Deductions for bond purchases.
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NTEU Chapter 46, 1100 Commerce Street, MC 1700 DAL, Room 833, Dallas, TX 75242
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July 30, 2010
M E M O R A N D U M
TO: IRS Chapter Presidents
RE: Elimination of Federal Payroll Savings Deductions for Bond Purchases
SUMMARY: (Service-wide) The Department of the Treasury has informed NTEU that, effective September 30, 2010, it will eliminate Federal Payroll Savings Deductions for bond purchases.
Employees who wish to continue payroll savings after September 30, 2010, may open a Treasury Direct account and purchase electronic savings bonds and other Treasury securities through a secure web based system. Please see the enclosed correspondence and attachments for further details.
Colleen M. Kelley
National President