Estate Planning

Retirement Planning

Reducing Taxes

Plan Travel


About Us

Contact Us

Important Links




New $20 Bill Makes Its Debut

If your ATM starts spitting out new bills that feature shades of peach and blue, do not be alarmed. The U.S. Treasury has just released a brand new $20 bill into circulation.

The bill still features President Andrew Jackson, minus the large oval. In fact, the new $20 bill offers several improvements over the current $20 bill last updated in 1998. Most of these changes are designed to combat counterfeiters, who have increasingly used digital technology to reproduce the bills.

To ward off counterfeiting, the U.S. Treasury is adding some color to the staid green bill. Jackson's portrait is set against a new background, featuring light blue, green and peach hues. The front of the bill has a faded bald eagle in the background, with the words "Twenty USA/USA Twenty."

The back of the bill also has new measures to thwart counterfeiters. Small 20s appear in the yellow background, and are difficult to reproduce with current digital technology.

With digital scanning and printing improving every year, the Treasury has a difficult task keeping ahead of increasingly sophisticated counterfeiters. Current plans at the U.S. Treasury call for all bills to be redesigned every 7-10 years to keep pace.

In the official unveiling of the new $20 bill in May, Federal Reserve Chairman Alan Greenspan noted, "The soundness of a nation's currency is essential to the soundness of its economy. And to uphold our currency's soundness, it must be recognized and honored as legal tender and counterfeiting must be effectively thwarted."

The last update to the $20 bill took place in 1998, when the Treausry first added an off-center portrait of Jackson and the addition of an invisible plastic security thread that glows green under ultraviolet light. The Treasury also began printing the bills using a color-shifting ink that looks green when viewed straight on, but changed to black when viewed from the side.

Twenty dollar bills are the most common bills in circulation today. Because of this, the U.S. Treasury has launched a massive marketing campaign to educate the public about the bills.

The new twenties officially started circulation on October 9, 2003. The new bills will gradually make their way into banks, supermarkets, and ATMs, replacing the $20 bills currently in circulation (which will wear out in approximately two years). But don't worry: those old twenties are still legal tender, as the United States has never recalled its circulation.

The Treasury Dept. has also announced that new $50 and $100 notes will be introduced by 2005, each with its own unique color scheme. New $10 and $5 notes may also see the light of day. However, the U.S. Treasury has no plans to change the $1 and $2 notes, as they are the least popular notes among counterfeiters.

For all things releated to money, check back to for the latest news and updates!


New $20 Bill Set for Debut










I Want You!

Sign-up to be notified when next year's tax forms are ready!



















What's Your Tax Bracket?


©2015 SaveWealth. All rights reserved.