Joint Bank Accounts: How and When They Work

Joint bank accounts function much like standard checking accounts but belong to multiple people, each of whom can contribute to and use the money in an account. That makes such accounts ideal for couples, parents and their teenagers, and adults assisting their aging parents. On paper — and in an ideal world — joint accounts are great. What could possibly go wrong? Well, a...

The article Joint Bank Accounts: How and When They Work originally appeared on NerdWallet.

from NerdWallet
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