Currency, $100 Bill | featured news

The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target. The Fed has set a new target date of Oct. 8. The redesigned note incorporates added security features, such as a blue, 3-D security ribbon and a disappearing Liberty Bell in an inkwell. The features are designed to thwart counterfeiters.

A newly designed $100 note contains advanced security features to combat counterfeiters, but older $100 notes will remain in circulation after the new currency is released.