User Guide 301
Page Title: History > Payroll Savings Plan History > Detail
What you can do on this page:
You can view specific details about the establishment of, and any edits made to, your Payroll Savings Plan. For edit transactions, the Payroll Savings Plan history detail is displayed highlighting the changes made to the plan, as well as the information prior to the change.
Primary Actions
- Click "Return" to go back to the previous page, Payroll Savings Plan History.
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User Guide 302
Learn More About The Payroll Savings Plan
You can now set up a Payroll Savings Plan to Purchase Electronic Savings Bonds in TreasuryDirect
The new Payroll Savings Plan feature allows individual primary account owners to make recurring purchases of electronic Series EE and Series I Savings Bonds, funded by a payroll allotment/direct deposit. Simply set up your Payroll Savings Plan and schedule a regular payroll allotment/direct deposit with your employer and your payroll office will send the allotment/direct deposit to your TreasuryDirect account.
Setting up Your Payroll Savings Plan in TreasuryDirect
Before asking your employer to start your payroll allotment/direct deposit, you must first set up a Payroll Savings Plan in your TreasuryDirect account. You will need to provide registration and purchase information. For more information, see How do I purchase savings bonds in TreasuryDirect?.
You can purchase either Series EE or Series I Savings Bonds and the purchase amount can be any amount from $25 to $10,000. Electronic savings bonds are always purchased at full face value. For more information about savings bonds, see Learn more about Security Types .
You can use any registration you have listed in TreasuryDirect or you may add a new registration for your savings bond. Gift savings bonds are also available through the Payroll Savings Plan. See How do I buy a gift savings bond in TreasuryDirect?.
Setting up a Payroll Allotment / Direct Deposit with Your Employer.
Contact your payroll office to complete the necessary authorization for payroll allotment/direct deposit. To begin receiving these credits, give your payroll office the following information for scheduling electronic direct deposits into your TreasuryDirect account:
- TreasuryDirect's Routing Number 051736158;
- Your ten-digit TreasuryDirect account number, without hyphens, followed by the letter "P" (Example: A123456789P);
- The amount of your allotment/direct deposit; and
- Your TreasuryDirect account can be marked as a type 22 (checking) or 32 (savings). We will accept either type.
The incoming credits from your payroll office will result in the purchase of a Payroll Zero-Percent Certificate of Indebtedness (Payroll C of I) within your TreasuryDirect account. Each time your Payroll C of I balance reaches your designated purchase amount, a savings bond will be issued. (For example, if your payroll allotment/direct deposit is $10 each pay period, and you have chosen a purchase amount of $25, after your third allotment/direct deposit is received, a $25 savings bond will be purchased from your Payroll C of I and the remaining balance will be $5 until the next allotment/direct deposit is received.) See Learn more about Payroll Zero-Percent Certificate of Indebtedness .
Please Note: A Payroll Zero-Percent Certificate of Indebtedness is a Treasury security that does not earn any interest. It is intended to be used as a source of funds to purchase Series EE and Series I Savings Bonds through the Payroll Savings Plan.
Stopping your payroll allotment/direct deposit and redeeming your Payroll C of I.
You must contact your employer (payroll office) if you would like to have your payroll allotment/direct deposit stopped. There is no need to edit your Payroll Savings Plan information when you stop your allotment/direct deposit.
You may redeem all or part of your Payroll C of I by going to ManageDirect and selecting the Redeem Securities text link. You may choose to redeem the full amount or a partial amount. You must select a payment destination bank for the Payroll C of I. Note: Redemption of your Payroll Zero-Percent C of I does not stop your payroll allotment/direct deposit.
Viewing Payroll Savings Plan transaction records.
You can access history records about savings bonds purchased through the Payroll Savings Plan, view records about your Payroll C of I transactions, and view changes made to your Payroll Savings Plan by clicking the History tab.
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User Guide 307
Learn More About Payroll Zero-Percent Certificate of Indebtedness
The Payroll Zero-Percent Certificate of Indebtedness (Payroll C of I) is a Treasury security that does not earn any interest. It is intended to be used as a source of funds for purchasing Series EE and Series I Savings Bonds through the Payroll Savings Plan in TreasuryDirect.
The only way to fund your Payroll C of I is to set up a regular payroll allotment/direct deposit with your employer and have the payroll office send the allotment/direct deposit to your TreasuryDirect account.
For more information and to learn how to set up a Payroll Savings Plan, see Learn more about the Payroll Savings Plan and How do I purchase savings bonds in TreasuryDirect?.
The incoming credits from your payroll office will result in the purchase of a Payroll C of I within your TreasuryDirect account. Each time your Payroll C of I balance reaches your designated purchase amount, a savings bond will be issued. (For example, if your payroll allotment/direct deposit is $10 each pay period, and you have chosen a purchase amount of $25, after your third allotment/direct deposit is received, a $25 savings bond will be purchased from your Payroll C of I and the remaining balance will be $5 until the next allotment/direct deposit is received.)
You may redeem all or part of your Payroll C of I by going to ManageDirect and selecting the Redeem Securities text link. You may choose to redeem the full amount or a partial amount. You must select a payment destination bank for your Payroll C of I. Note: Redemption of your Payroll Zero-Percent C of I does not stop your payroll allotment/direct deposit.
All Payroll C of I purchase and redemption activity is conveniently recorded in your C of I History.
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User Guide 308
Page Title: Individual Account Application Review
What You Can Do on This Page
Review your information before submitting an application by double-checking the details you provided. You can select the "Edit" button to return to the Individual Account Application to make changes.
By clicking the "Submit" button, you agree to the following:
- You understand that you are submitting an application for the establishment of an account in TreasuryDirect.
- You acknowledge and accept the terms and conditions as specified in the regulations for TreasuryDirect accounts.
- You agree to accept Form 1099-Substitute electronically instead of on paper for every year a statement is furnished.
- You certify that all other information on this form, including information about your account at a financial institution, is true, correct, and complete.
Primary Actions
- Click "Submit" to proceed with the application process.
- Click "Edit" to make changes to your application.
- Click "Cancel" to delete your application and return to the Account Type page.
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User Guide 309
Page Title: Change my Personalized Image / Caption
What you can do on this page
You may change your personalized image and create a new caption. Your personalized image/caption helps you to know that you are on the authentic TreasuryDirect website.
To Change a Personalized Image and create a new caption
Your current image and caption appear at the top of the page
- Select the radio button that corresponds with the personalized image you want. (Click the Show me more images link to see more randomly displayed images.)
- Enter a caption (3 - 30 alphanumeric characters - no special characters).
Primary Actions
- Click "Submit" and you will return to the ManageDirect page with a message confirming that your personalized Image/Caption has been changed.
- Click "Cancel" and you will return to the ManageDirect page.
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User Guide 310
Page Title: ManageDirect® > De-Link Account Request
What you can do on this page:
After reviewing the information you provided, submit your request to de-link the Minor account you selected. When a minor reaches age 18 and establishes a Primary account, you may de-link the securities and Zero-Percent C of I from the Minor account to move to the new Primary account. You may not perform transactions in a de-linked account. However, all records of previous transactions are still available in History.
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