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    pastor1189's Avatar
    pastor1189 Posts: 1,538, Reputation: 3
    Ultra Member
    		  
    #1

    Sep 14, 2011, 06:27 AM
    Money Market Account
    Just learned you cannot have a beneficiary with Money Market Account because it is checking account
    The form is only available for savings account. Maybe I should change the account over to savings
    Am Trust Bank
    Dr1757's Avatar
    Dr1757 Posts: 186, Reputation: 25
    Junior Member
    		  
    #2

    Sep 14, 2011, 06:44 AM
    Yes that's true, either change it to a savings account or put it in a CD. But always have a will that specifies who the beneficiary will be.
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