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[sap-hr] Savings Bonds and TreasuryDirect

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Posted by Fred McGowin
on Sep 27 at 3:10 PM
The US Treasury is discontinuing the purchase of Paper Savings Bonds via Payroll Deductions in 2011. To replace this, the employee must establish an Account with TreasuryDirect and the Employer must transmit ACH direct deposits. So far, SAP has indicated they are not supporting this, which is hard to believe. Perhaps I'm just not talking to the right people there. Does anyone out there in the Public Sector have any ideas/knowledge about this new process?

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