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How old do you have to be in nebraska to have a checking or savings account without an adult on the account?
Wiki User
∙ 13y ago
If you want to open an individual account then you must be atleast 18 years old. But, if you are a minor (less than 18 yrs) you can always open a joint account with any of your adult family members like mother, father, elder brother etc. banks do not say no to any customer who wishes to open a bank account
Wiki User
∙ 13y ago
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Does the IRS tax you on your checking account savings without interest?
No. You should only be taxed on income, not on your savings.
If you owe back child support can they take it out of your checking account or savings account without permission?
Yes they can. They can also suspend your driver's license without notification. They can attach to any assets that you may have to obtain the back child support including checking, savings, a home, a car that you own etc.
How is a checking account different than a savings account?
A checking account is typically used for the active transfer of money, whether this is money going in (as in a paycheck) or coming out (withdrawals, purchases). Meanwhile, Savings accounts are typically used for putting money in without necessarily withdrawing money out. Savings accounts pay you interest, while few checking accounts give anything at all- in fact, many checking accounts charge a monthly maintenance fee just to use them. Of course, withdrawals and transfers from a savings account are limited by law, while checking accounts have no restrictions on the number or types of transactions.
How is checking account different than a savings account?
A checking account is typically used for the active transfer of money, whether this is money going in (as in a paycheck) or coming out (withdrawals, purchases). Meanwhile, Savings accounts are typically used for putting money in without necessarily withdrawing money out. Savings accounts pay you interest, while few checking accounts give anything at all- in fact, many checking accounts charge a monthly maintenance fee just to use them. Of course, withdrawals and transfers from a savings account are limited by law, while checking accounts have no restrictions on the number or types of transactions.
Can wife add her name to his checking account without his approval legally?
No she can't as a matter of fact without his written permission she can't even get general information about that account. This is what I found to be amazing, if this couple has a joint savings account, but the husband's name is the only one on the checking account, he is the only one that can legally transfer money from the savings account to the checking account. It also works this way if there is a joint checking account and money needs to be transferred from the joint checking account, to the savings account with only the husband's name on it, he is the only one that can move money from one account to the other. I am a bank manager and I know this is more information than you asked for, but when I have to explain this to couples, it often leads to a very heated discussion between them in my office. I live in Virginia and I can only answer for Virginia. I hope you found this answer helpful.
What are the benefits of having a savings account instead of a checking account?
You can spend your money without having to withdraw cash first.
Where can I Open A Checking Account without a credit check?
You can open a checking account with badcreditnic.com. The do no check your credit.
What banks in southern California will allow a 16 year old open a checking and savings account?
Wells Fargo and Chase are two banks in Southern California that offer checking and savings accounts to individuals as young as 16 years old, provided they have a parent or guardian as a joint account holder. It is advisable to contact these banks or visit their websites for more information on account requirements and documentation needed for a minor to open an account.
Can a bank seize funds from a checking or savings account for money owed on the bank's credit card without a court order in Texas?
Yes, it is referred to as a "set off" action.
can you get a cash advance without a checking account I only have a savings with direct deposit?
Yes, you can. You can get an advance against your paycheck. This is a question best asked of a cash advance store. Call them.
What is the minimum balance in sbh account?
Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !
Is a credit card needed to sign in to Bank of America?
No, a credit card is not needed to sign into Bank of America. One can have a checking account, a savings account, or other business with Bank of America without having a credit card.
