A bank or brokerage account shared among two or more people, frequently used by couples, relatives, or business partners. Within joint accounts, every owner is able to withdraw cash, write checks, and make online payments.

Related Terms

  • Variable Annuity

  • Traditional IRA

  • SIMPLE IRA

  • SEP IRA

  • Roth IRA

  • Rollover / Contributory IRA

  • Individual 401(k)

  • Individual

  • Fixed Annuity

  • Designated Beneficiary (TOD)

  • Deferred Profit-Sharing Plan (DPSP)

  • Custodial

  • Corporate

  • Cash Balance Pension Plans

  • 401(k)