FlyerTalk Forums - View Single Post - Problem using AMEX for US Savings Bonds
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Old Jul 9, 2002 | 5:04 am
  #30  
nologic
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Got it...thanx...

I understand these rates are exempt from state taxes and accumulate exem[pt from Federal taxes (although taxable upon withdrawal), so the effective after tax yield is somewhat higher than the stated rate.
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