Any agency of the U.S. federal government. Any payment issued by the U.S. Treasury (for example, Social Security payments or tax refunds) qualifies as coming from a federal government agency.

© 1995–2025  The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor of the Vanguard Funds. Your use of this site signifies that you accept our terms & conditions of use.  |  Manage cookies
Privacy policy  |  AdChoices  |  Security  |  Prospectuses  |  Careers  |  Mobile  |  Feedback