WV to pay young people (16-35) $100 savings bond to get vaccinated

[Nevilledog]

Link to tweet

Tweet text:
Ana Cabrera
@AnaCabrera
NEW: WV Gov. Justice announces $100 savings bonds for young people — ages 16 to 35 — who get vaccinated
2:33 PM · Apr 26, 2021

[niyad]

1. Paper or electronic? How long to maturity? Value at issuance?

[gratuitous]

2. A $100 savings bond costs $50

Savings bonds are now electronic instruments. They can't be redeemed for 12 months after purchase, but the current Series EE bonds are guaranteed to reach maturity in 20 years.

https://www.treasurydirect.gov/indiv/help/tdhelp/faq.htm

[niyad]

4. Thank you. I was surprised to learn that those things are still being issued.

[Peppertoo]

6. This is even better than giving them the money right away.

[Bleacher Creature]

3. This is a really good idea. Hopefully more of it follows.

We absolutely need to get the numbers up now that the demand seems to be stagnating a bit.

Justice is usually pretty terrible, but this is a good move (or at least a decent start).

[Hoyt]

5. Glad they are doing it, but it shouldn't be necessary.