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What does OR on a us savings bond mean?

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Answer:

Ok when you buy a saving bond you are giving money to the US and over time you are expected to get more money out of the savings bond than you bought it for. Like you bought a $10 saving bond 20 years ago. When you go to cash it in you expect to get $35. But im not sure about the rates.

First answer by Hazelbeats93. Last edit by Hazelbeats93. Contributor trust: 0 [recommend contributor ]. Question popularity: 1 [recommend question].

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Relevant answers:

Where do you redeem US savings bonds?
In most states, most banks, savings and loans, and similar institutions will cash savings bonds for you. The process is similar to cashing a check, but you might want to call ahead, as some financial...
Where to cash a US savings bond?
Cash a savings bond at any bank.
On a savings bond what does POD mean?
It means "pay on death" and it's used to declare a beneficiary for the bond.
How is the Fed involved in U.S. savings bonds?
Regardless of how the bonds are purchased--for example, through an employer savings plan or a bank--it is the Fed that processes the applications and sends the bonds.
How do cash your premature US Savings Bonds?
Go to your nearest bank. Most banks will do this for you. You have to atleast hold the bond for one year. Any earlier and you will have penalties and deductions. Also, if possible use a bank you have...