Monday, August 13, 2012

All About Postal Savings Services

Part of the postal service's problem is the ridiculous funding requirements for carriers' retirement accounts.  Part is the need to provide other services that make a trip to the post office attractive: copying and fax  services.  Years ago the US Postal Service, like post offices around the world, also provided savings accounts that accepted balances as low at $1 and paid interest on everything.  Recently the carriers in convention voted to explore restoring the service.  This article tells all about it.

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