Doing so will send any retirement accounts the deceased individual has to probate. In all states (and especially community property states), a married person must name their spouse as beneficiary ...

The 1% leverage Roth accounts for generational wealth transfer ... As DeLuca said, “The ‘average person’ can do exactly what the 1% does. It’s about investing and staying disciplined.” ...

If you’re on the fence about whether you should open multiple savings accounts, here are the best reasons to consider doing so ... certain amount of money per person in your household.

Another potential mistake that couples make when they maintain separate accounts is to duplicate emergency funds, tying up cash that would be better invested or saved. “If each person is doing ...

They're most typically used by couples, but joint accounts between housemates aren't uncommon. Each person named on the account has their ... affect yours – so always think carefully before doing so.

The 1% leverage Roth accounts for generational wealth transfer. “Roth IRAs don’t have required minimum distributions (RMDs) during the owner’s lifetime, so the account can keep growing tax-free.