individual accounts

Separate user profiles

Individual accounts are financial accounts held by one person, as opposed to joint accounts shared between two or more people.

The term appears most often in banking and retirement planning contexts: Each spouse maintained individual accounts alongside their joint savings.

In political debates, individual accounts typically refers to proposals allowing workers to invest a portion of Social Security taxes in personal retirement accounts rather than the collective fund.

Related

financial planning · portfolio · 401k · IRA · banking · deposits · direct deposit · statements · balance · login · username · password · private · ownership · investment · brokerage · money market · checking

Opposites
ownership/access structure

individual accountsjoint accounts

Banking shared by partners

household accounts · family accounts

retirement/investment policy model

individual accountspension funds

Pooled retirement investment vehicles

Social Security

organizational scope

individual accountsbusiness accounts

Financial records for enterprises

government accounts · public accounts · trust accounts · custodial accounts

Family

individual, accounts, account, individually, individuality, individualism, individualist, individualistic, individualize

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Used worldwide · Timeless · Everyday, not technical · Rated G