What is a joint account?

The ShareBuilder joint account is a brokerage account for two people. The account owners are joint tenants with rights of survivorship—this means that when one of the account owners dies, sole ownership will be transferred to the remaining account owner. For more information on the tax implications of this type of account, please consult a financial advisor.

To open a joint ShareBuilder account, both applicants must have reached the age of majority for their respective state of residence.