{"data":{"id":"us/31-cfr-342.5","jurisdiction":"us","citation":"31 CFR 342.5","heading":"Limitations.","body":"(a) Purchases—(1) Payroll savings plans. Under a payroll savings plan, withholdings for notes could not exceed the ratio of $1.08 for the notes to $1 for the Series E bonds and could not exceed $20.25 per weekly pay period, or $40.50 per biweekly or semi-monthly pay period, or $81 per monthly pay period.\n(2) Others. In combination purchases of notes and Series E bonds, other than under a payroll savings plan, purchases of notes could not exceed $350 (face amount) a quarter, and in no event could the annual limitation of $1,350 (face amount) be exceeded.\n(b) Holdings. The face amount of savings notes originally issued to any one person during any one calendar year, was limited to $1,350.","path":["Title 31—Money and Finance: Treasury","Subtitle B—Regulations Relating to Money and Finance","CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE","PART 342—OFFERING OF UNITED STATES SAVINGS NOTES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"49b2899cca3b7e46373a16d1d89f9bd48057a2e1399ef9c9cb47b6b5475e8372","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-342.4","next":"us/31-cfr-342.6"},"notice":"GroundRules: Original legal text. Not legal advice."}