StacksVerified U.S. regulatory reference

31 CFR §342.1

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Payroll savings plan refers to a voluntary program maintained by an employer whereby its participating officers and employees authorize regular withholdings from their salaries or wages for the purchase of savings bonds.
  2. (b)Quarter refers to a 3-month period of a year, as follows: January-February-March, April-May-June, July-August-September, or October-November-December.