United States Treasury Bills mature in one year or less and are issued at a reduction of face value.
Once treasury bills mature, the investor is paid the full face value of the bill. The minimum value of a US treasury bill is usually $10,000.
An added benefit of U.S. treasury bills is that the interest earned may be exempt from state and municipal tax, but not federal tax.
Treasury Bills are available through Northwestern Mutual Investment Services, LLC.All securities are offered through Northwestern Mutual Investment Services LLC, (NMIS), Suite 600, 611 E. Wisconsin Avenue, Milwaukee, WI 53202, 1-866-664-7737. Member FINRA and SIPC. NMIS is wholly owned by Northwestern Mutual.