Changing a Savings Bond's beneficiary to a co-owner

If a Savings Bond currently has POD between the names, indicating the the first person is the owner and the second is the beneficiary, can the owner change the beneficiary to a co-owner so that the owner does not have to be deceased in order for the other to cash it? I have several that I bought and listed a POD beneficiary and I'd rather now that they could be cashed by either the beneficiary, or by me, the owner.

Tom's response

You can change a beneficiary into a co-owner at any time without tax consequences. Click here for the details about changing the beneficiary to a co-owner. This page includes a link to the form you'll need.