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Do both joint account owners need to approve actions in Cash Reserve?

Published | Updated

In most cases, actions do not require consent from both account owners. These include closing the account, deposits, withdrawals, most types of transfers, changes to the connected checking account, and beneficiary changes.

Cash Reserve offered by Betterment LLC and requires a Betterment Securities brokerage account. Betterment is not a bank. FDIC insurance provided by Program Banks, subject to certain conditions. Learn more.