State Pension Into Joint Account

Ric.ror | 06:52 Tue 31st Dec 2013 | Personal Finance

6 Answers

Is it possible for a state pension to be paid into a joint account?
My mother is 86 and whilst mentally still alert mobility problems mean her visiting her branch is increasingly difficult

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Cannedgranny

My daughter and I have a joint account and my state pension gets paid into it. There should not be a problem.

Ric.ror

Question Author

Thank you Granny

dzug2

Getting Power of Attorney would be a better long term solution - waiting until she becomes unable is a recipe for disaster.

Ric.ror

Question Author

I dont really think its worth getting POA - she only has a few thousand savings

boxtops

It doesn't matter about monetary value for POA, ric.ror, POA would give you the power to make decisions on her behalf if she becomes less mentally lucid.

SlackAlice

Yes, mine is paid into to our joint account.

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