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Is There A Penalty For Not Cashing In Matured Savings Bonds? [Solved]

There is no penalty if you simply hold onto the bond after five years. There is value in holding onto most bonds. The longer they mature, the more interest bonds earn.

What to do with Savings Bonds

What to do with

How much is a $200 savings bond worth after 30 years?

00:00 - How much is a $200

Do you pay taxes on savings bonds when cashed?

00:00 - Do you pay taxes on