Money market funds seek to limit exposure to losses due to credit, market, and liquidity risks.
Procedure to Encash Today, due to technological advancements, the Savings Bond Calculator, Savings Bond Wizard, Savings Bonds Value Files and Redemption Tables can be accessed through the website of the United States Treasury.Rule 2a-7 of the act restricts the quality, maturity and diversity of investments by money market funds.Under this act, a money fund mainly buys the highest rated debt, which matures in under 13 months. It was named the Reserve Fund and was offered to investors who were interested in preserving their cash and earning a small rate of return.Nevertheless, you should know a few things before moving ahead. You must wait until a Series EE Savings Bond is 12 months old before cashing it.This is determined by the month in which it was bought, so a bond bought in a particular month is able to be cashed on the first of that month, one year later. If you are the owner of a bond, you won’t have any trouble cashing it in.If you meet Chapter 7's income requirement, it can be a reasonably quick way of stopping creditor collection efforts and voiding your personal liability for dischargeable debts.