diff --git a/.vscode/settings.json b/.vscode/settings.json
index e628b9d..8113e2a 100644
--- a/.vscode/settings.json
+++ b/.vscode/settings.json
@@ -3,5 +3,5 @@
   "editor.defaultFormatter": "esbenp.prettier-vscode",
   "editor.codeActionsOnSave": {
     "source.organizeImports": true
-  }
+  },
 }
diff --git a/changelog.md b/changelog.md
index 023366b..7beb108 100644
--- a/changelog.md
+++ b/changelog.md
@@ -1,5 +1,9 @@
 # Changelog
 
+## 3.1.0
+
+- **feat:** add new option `abortOnReturn` to timeouts ([#72](https://github.com/connor4312/cockatiel/issues/72))
+
 ## 3.0.0
 
 - **breaking:** please see the breaking changes for the two 3.0.0-beta releases
diff --git a/src/Policy.ts b/src/Policy.ts
index 1db7bb8..6404d59 100644
--- a/src/Policy.ts
+++ b/src/Policy.ts
@@ -311,8 +311,14 @@ export function usePolicy(policy: IPolicy<IDefaultPolicyContext, never>) {
  * {@link TaskCancelledError} when the timeout is reached, in addition to
  * marking the passed token as failed.
  */
-export function timeout(duration: number, strategy: TimeoutStrategy) {
-  return new TimeoutPolicy(duration, strategy);
+export function timeout(
+  duration: number,
+  strategyOrOpts: TimeoutStrategy | { strategy: TimeoutStrategy; abortOnReturn: boolean },
+) {
+  return new TimeoutPolicy(
+    duration,
+    typeof strategyOrOpts === 'string' ? { strategy: strategyOrOpts } : strategyOrOpts,
+  );
 }
 
 /**
diff --git a/src/TimeoutPolicy.test.ts b/src/TimeoutPolicy.test.ts
index 90f2861..575c45e 100644
--- a/src/TimeoutPolicy.test.ts
+++ b/src/TimeoutPolicy.test.ts
@@ -83,6 +83,24 @@ describe('TimeoutPolicy', () => {
     }, parent.signal);
   });
 
+  it('aborts on return by default', async () => {
+    let signal: AbortSignal;
+    await timeout(1, TimeoutStrategy.Cooperative).execute(async (_, s) => {
+      signal = s;
+    });
+    expect(signal!.aborted).to.be.true;
+  });
+
+  it('does not aborts on return if requested', async () => {
+    let signal: AbortSignal;
+    await timeout(1, { strategy: TimeoutStrategy.Aggressive, abortOnReturn: false }).execute(
+      async (_, s) => {
+        signal = s;
+      },
+    );
+    expect(signal!.aborted).to.be.false;
+  });
+
   describe('events', () => {
     let onSuccess: SinonStub;
     let onFailure: SinonStub;
diff --git a/src/TimeoutPolicy.ts b/src/TimeoutPolicy.ts
index 51ea10a..6c0d249 100644
--- a/src/TimeoutPolicy.ts
+++ b/src/TimeoutPolicy.ts
@@ -21,6 +21,16 @@ export interface ICancellationContext {
   signal: AbortSignal;
 }
 
+export interface ITimeoutOptions {
+  /** Strategy for timeouts, "Cooperative", or "Accessive" */
+  strategy: TimeoutStrategy;
+  /**
+   * Whether the AbortSignal should be aborted when the
+   * function returns. Defaults to true.
+   */
+  abortOnReturn?: boolean;
+}
+
 export class TimeoutPolicy implements IPolicy<ICancellationContext> {
   declare readonly _altReturn: never;
 
@@ -43,7 +53,7 @@ export class TimeoutPolicy implements IPolicy<ICancellationContext> {
 
   constructor(
     private readonly duration: number,
-    private readonly strategy: TimeoutStrategy,
+    private readonly options: ITimeoutOptions,
     private readonly executor = new ExecuteWrapper(),
     private readonly unref = false,
   ) {}
@@ -56,7 +66,7 @@ export class TimeoutPolicy implements IPolicy<ICancellationContext> {
    * timeout might still be happening.
    */
   public dangerouslyUnref() {
-    const t = new TimeoutPolicy(this.duration, this.strategy, this.executor, true);
+    const t = new TimeoutPolicy(this.duration, this.options, this.executor, true);
     return t;
   }
 
@@ -81,7 +91,7 @@ export class TimeoutPolicy implements IPolicy<ICancellationContext> {
     const onCancelledListener = onceAborted(() => this.timeoutEmitter.emit());
 
     try {
-      if (this.strategy === TimeoutStrategy.Cooperative) {
+      if (this.options.strategy === TimeoutStrategy.Cooperative) {
         return returnOrThrow(await this.executor.invoke(fn, context, aborter.signal));
       }
 
@@ -97,7 +107,9 @@ export class TimeoutPolicy implements IPolicy<ICancellationContext> {
         .then(returnOrThrow);
     } finally {
       onCancelledListener.dispose();
-      aborter.abort();
+      if (this.options.abortOnReturn !== false) {
+        aborter.abort();
+      }
       clearTimeout(timer);
     }
   }