AARP Eye Center
As a teenager, I was friends with an amazing woman named Kaye. She was a nurse during World War II, and after the war, she and her husband — a baron of Poland — worked with Radio Free Europe to help bring freedom to people trapped behind the Iron Curtain.
When looking to manage a loved one’s finances, leave money to a beneficiary or simply monitor an immediate family member’s account, many turn to joint accounts. While they may be easy to use, as described in a recent blog, joint accounts have risks. And there may be better options, depending on…
Joint bank accounts can be a great convenience for people who share income and expenses — often the case with married couples. However, joint accounts also can have disadvantages. It is important for consumers to understand what a joint account is and what it is not, along with all its…