A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income.
An individual savings account is a class of retail investment arrangement available to residents of the United Kingdom. First introduced in 1999, the accounts have favourable tax status. Payments into the account are made from after-tax income, then the account is exempt from income tax and capital gains tax on the investment returns, and no tax is payable on money withdrawn from the scheme.
The treasurer of the United States is an officer in the United States Department of the Treasury who serves as the custodian and trustee of the federal government's collateral assets and the supervisor of the department's currency and coinage production functions. As of September 12, 2022, the treasurer is Marilynn Malerba, who is the first Native American to hold the office.
United States Treasury securities, also called Treasuries or Treasurys, are government debt instruments issued by the United States Department of the Treasury to finance government spending, in addition to taxation. Since 2012, the U.S. government debt has been managed by the Bureau of the Fiscal Service, succeeding the Bureau of the Public Debt.
Fiona Ma is an American politician and accountant. She has been serving as the California state treasurer since January 7, 2019. She previously was a member of the California Board of Equalization (2015–2019), the California State Assembly (2006–2012), and the San Francisco Board of Supervisors (2002–2006).
A money market fund is an open-end mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. Money market funds are managed with the goal of maintaining a highly stable asset value through liquid investments, while paying income to investors in the form of dividends. Although they are not insured against loss, actual losses have been quite rare in practice.
National Savings and Investments (NS&I), formerly called the Post Office Savings Bank and National Savings, is a state-owned savings bank in the United Kingdom. It is both a non-ministerial government department and an executive agency of HM Treasury. The aim of NS&I has been to attract funds from individual savers in the UK for the purpose of funding the government's deficit. NS&I attracts savers through offering savings products with tax-free elements on some products, and a 100% guarantee from HM Treasury on all deposits. As of 2017, approximately 9% of the government's debt is met by funds raised through NS&I, around half of which is from the Premium Bond offering.
The State Treasurer of Oklahoma is the chief custodian of Oklahoma's cash deposits, monies from bond sales, and other securities and collateral and directs the investments of those assets. The treasurer provides for the safe and efficient operation of state government through effective banking, investment, and cash management. The state treasurer has the powers of a typical chief financial officer for a corporation.
Alexander Giannoulias is an American financier and politician who is the Secretary of State of Illinois. He previously served as the 72nd Illinois Treasurer from 2007 to 2011.
The Freedman's Saving and Trust Company, known as the Freedman's Savings Bank, was a private savings bank chartered by the U.S. Congress on March 3, 1865, to collect deposits from the newly emancipated communities. The bank opened 37 branches across 17 states and Washington DC within 7 years and collected funds from over 67,000 depositors. At the height of its success, the Freedman's Savings Bank held assets worth more than $3.7 million in 1872 dollars, which translates to approximately $80 million in 2021.
The treasurer of Pennsylvania is the head of the Pennsylvania Treasury Department, an independent department of the commonwealth's government. The treasurer is elected every four years. Treasurers are limited to two consecutive terms.
The Comptroller of Illinois is a constitutional officer in the executive branch of government of the U.S. state of Illinois. Ten individuals have held the office of Comptroller since the enactment of the Illinois Constitution of 1970, replacing the prior office of Auditor of Public Accounts that was first created in 1799. The incumbent is Susana Mendoza, a Democrat.
The Treasurer of Illinois is a constitutional officer in the executive branch of government of the U.S. state of Illinois. Seventy-four individuals have occupied the office of Treasurer since statehood. The incumbent is Mike Frerichs, a Democrat. A former Champaign County auditor and state senator, Frerichs was first elected to lead the state treasury in 2014 following a close race with Republican candidate Tom Cross.
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
The Indiana Treasurer of State is a constitutional and elected office in the executive branch of the government of Indiana. The treasurer is responsible for managing the finances of the U.S. state of Indiana. The position was filled by appointment from 1816 until the adoption of the new Constitution of Indiana in 1851, which made the position filled by election. As of 2023, there have been fifty-five treasurers. The incumbent is Republican Dan Elliott who has served in the position since January 9, 2023.
The State Treasurer of Kansas is the chief custodian of Kansas's cash deposits, monies from bond sales, and other securities and collateral and directs the investments of those assets. The Treasurer provides for the safe and efficient operation of state government through effective banking, investment, and cash management.
The state treasurer of Arizona is a constitutional officer in the executive branch of government of the U.S. state of Arizona. Forty-five individuals have occupied the office of state treasurer since statehood. The incumbent is Kimberly Yee, a Republican.
The state treasurer of New Mexico is an elected constitutional officer in the executive branch of the U.S. state of New Mexico. Thirty individuals have held the office of state treasurer since statehood. The incumbent is Laura Montoya, a Democrat who took office on January 1, 2023, after being elected on November 8, 2022.
The Washington state treasurer is an elected constitutional officer in the executive branch of the U.S. state of Washington. Twenty-two individuals have held the office since statehood. The incumbent is Mike Pellicciotti, a Democrat who began his term in January 2021. The treasurer's office is located in the Washington State Capitol.
The West Virginia state treasurer is the state's chief financial officer. It is one of six constitutionally mandated offices. Elected statewide for a four year term, the treasurer is responsible for overseeing state operating funds, monitoring state debt and performing banking and accounting duties in accordance with state law. The state treasurer also serves on several state government financial boards.
