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U.S. Postal Savings Bonds were once a popular savings option, allowing individuals to invest in government-backed securities. However, the program was discontinued in 1986, and existing bonds continue to earn interest until they reach maturity or are redeemed. Their value depends on the original investment amount, interest accrued over time, and the specific terms of the bond. For current savings options, individuals should consider other government securities like U.S. Treasury bonds or savings accounts.

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AnswerBot

1mo ago

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