The Uniform Time Act of 1966 (15 U.S. Code Section 260a) , signed into Public Law 89-387 on April 12, 1966, by President Lyndon Johnson, created Daylight Saving Time to begin on the last Sunday of April and to end on the last Sunday of October. Who started daylight savingsRead More →
September 30, 2010: Purchase of paper savings bonds through payroll sales for federal employees eliminated. December 31, 2011: Sales for over-the-counter (OTC) paper savings bonds ceased, marking the end of paper savings bonds, with one exception. Can you buy a savings bond at the post office? While investors formerly wereRead More →
A few U.S. territories also refrain from observing Daylight Saving Time: the commonwealths of Puerto Rico and the Northern Marina Islands; the U.S. Virgin Islands; American Samoa; and Guam. Is daylight savings time forever? DST became law in the U.S. in 1966, with the start and end dates extended twiceRead More →
In short, there is no limit on the amount of money that you can put in a savings account. No law limits how much you can save and there’s no rule stating that a bank cannot take a deposit if you have a certain amount in your account already. HowRead More →
If you are placed in the support group, then your savings will affect ESA benefit payments. Those on the ESA-support group have a maximum savings limit of £16,000. That means if you apply for income-based ESA and have more than £16,000 in savings, you will not qualify for payments. HowRead More →
Thirteen U.S. states have passed bills to permanently adopt Daylight Saving Time, but none of them have actually made the change to date. There appears to be no end in sight for the logjam in 2021, meaning you can expect to change the clocks — and complain about it —Read More →
Explanations for why the US savings rate is so low include, people’s faith and Social Security as a pension, improved insurance and capital markets, and changes in people’s values. Why are interest rates so low on savings accounts 2021? Savings account rates are very low In response to the economicRead More →