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Can husband withdraw from wife's personal savings account?

If it is a joint bank account, then yes. But a savings account cannot be drawn from very many times before handling fees are applied for most banks.


CASA Ratio in banking?

CASA ratio is the ratio of the deposits in the form of Current Account & Savings Account to the total deposits.. it should be higher for a bank because interest paid on savings account is very low and no interest is paid on current account deposits. In this way, the banks get money at low cost..How is CASA different from term and demand deposits?Current and saving accounts remain operational. Depositors don't need to give prior notice to withdraw money, however, in case of term deposits, the money is locked in for a specific period. If a depositor wishes to withdraw the money before maturity, he may have to pay a fine. Usually, an overdraft facility is available with the current account deposit. Demand deposit gives you the facility to withdraw your money anytime.


Why is a CD better then a savings account?

Because they earn a higher interest rate than savings accounts. The interest on CD's is atleast 2-3% higher than savings accounts. On the downside, the money in your CD is not as liquid as your savings account and your bank may charge you a penalty if you withdraw the money before maturity date.


What is a savings or deposit account?

It is a bank account where a person will make regular, monthly savings to build up capital. The savings or deposit account will not normally come with a card or cheque book and the savings in it will attract a higher rate of interest than a normal bank account. However you lose this high rate of interest if you withdraw your money suddenly or before a certain period,


What is a or s account?

It is a bank account where a person will make regular, monthly savings to build up capital. The savings or deposit account will not normally come with a card or cheque book and the savings in it will attract a higher rate of interest than a normal bank account. However you lose this high rate of interest if you withdraw your money suddenly or before a certain period,


What is the difference between before tax contribution and Roth 401k in terms of retirement savings?

The main difference between before-tax contributions and Roth 401(k) contributions is when you pay taxes on the money. Before-tax contributions are made with pre-tax dollars, meaning you pay taxes on the money when you withdraw it in retirement. Roth 401(k) contributions are made with after-tax dollars, so you pay taxes on the money before you contribute, and then you can withdraw it tax-free in retirement.


Can you voluntarily withdraw a chapter seve bankrupt?

you can always withdraw the proceedings of any chapter of bankruptcy, up and until the point of time that you go before the court. Once you go before the court and swear to the insolvency, then you are done at that point. Any time before going before the court you can withdraw.


How can I use my 401k to pay off my house?

You can withdraw money from your 401k to pay off your house, but it may come with penalties and taxes. It's important to consider the long-term impact on your retirement savings before making this decision.


Does Nick Jonas get nervous before a show?

Everybody gets nervous before a show and Nick Jonas gets nervous ,too


Is provident fund amount taxable on withdrawal?

If withdrawn before 5 years it is taxable else it is not taxable


I want to withdraw the recurring deposit money before maturity?

It is difficult to withdraw a recurring deposit before its maturity. Banks will typically make a person wait one year before withdrawal.


I know longer work for UCI due to Company went out of Business. I have been sent a copy of the 401K Savings And Retirement Plan Participant Statement. Can I withdraw this money that is in my account?

A 401K plan is yours. You can withdraw the funds without penalty if you're 59 1/2 yrs old or older. If you withdraw the funds at an earlier age than that, you will incur penalties and taxes because the funds were deposited before being taxed.