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No, but it will stop earning interest.

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13y ago

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Is there a time limit on cashing in saving bonds?

Yes, there is a time limit on cashing in savings bonds. U.S. savings bonds must be held for at least one year before they can be redeemed. Additionally, if they are redeemed before five years, the bondholder will forfeit the last three months of interest. However, savings bonds do not expire and can generally be cashed in at any time after the minimum holding period.


Can Series E savings bonds be redeemed on Treasury Direct?

Yes, Series E savings bonds can be redeemed through TreasuryDirect. However, they must be held for at least one year before redemption, and if cashed before five years, there is a penalty of forfeiting the last three months of interest. To redeem, you would log into your TreasuryDirect account and follow the instructions for redeeming savings bonds.


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No, you typically cannot cash a savings bond at a currency exchange. Savings bonds must be redeemed through a bank, credit union, or directly through the U.S. Department of the Treasury. Currency exchanges primarily deal with foreign currency transactions and do not handle U.S. savings bonds.


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