Can your parents take your money out of your bank or savings account once you turn 18?
Unless their names are attached to the account no they can not access the funds. As for them using your SS# they can not legally do anything more with it than Joe Smoe on the street could. Trying to change your SS# is probably a bigger hassle than you would care to undertake. As far as your %26quot;pro-parental%26quot; comment is concerned in time you will wish you had listened to them more, been there done that.
Can your parents take your money out of your bank or savings account once you turn 18?
If their names are on the account (they are because banks wont give accounts to minors without a parent on the account) they can take anything in it. You need to take all the money out and open new accounts by yourself when you turn 18.
You shouldn't have to worry about your parents with your SS#. It's a real headache to get a new SS# and it's usually only done if you have had severe identity theft.
It's your account in your name so no.You usually have to sign a document to take money out unless it's via an ATM (over OR under 18)so they can't do anything unless you're dead. They can put money into your account but have no right to withdraw or close the account just because they don't like what you're doing.
And social security numbers cannot be changed,used by your parents to stop you doing anything or blocked.
You parents can't take any money from your account unless they are also on the account as well. Check to make sure the account is solely in your name and if it is you don't have any more worries on that count. Second, unless your parents plan to either sell your information or use it to their own ends then you shouldn't have to worry about your social security number either. However, if your parents are the kind of parents who might do that then here are two options to consider.
1. Go to police station let them know you are worried about someone (it seems less harsh than saying your parents) might steal your identity. I believe they will take you through the process of %26quot;booking%26quot; you or something to that effect so that you are formally in the system and there is a picture (current) and your fingerprints and the like right there so that if someone else is found using your information they will be the ones held responsible and not you.
2. You can always sign up for one of those identity theft agencies I hear that they are really good and if you sign up now while there is pretty much nothing on your credit (at least I hope) they can help you keep it that way and as an added bonus you won't get as much if any at all junk mail.
I understand you wanting serious answers to your question. I too have questionable relatives (not my parents but an aunt and at least two uncles) and can understand your concern. Good luck and remember just because you're paranoid doesn't mean someone is not after you!
The account DOES have their name on it. You CAN'T open an account entirely in your name as a minor. Depending on how the account was set up, they may or may not remain on the account after you turn 18. If they remain on the account, the funds are legally as much theirs as yours, and they can do whatever they want.
You should visit the bank NOW and determine how the account is structured. You can also make an appointment on your 18th birthday to open a new account in your name alone. Than you can transfer all the money from the existing account into the new account.
You CAN'T change your SS#. Even if you can PROVE ID theft, it is nearly impossible to convince the SSA to issue a new number. In your case, you will be lucky if the laugh at your request.
(A) Yes, if they are on the account. No, if they are not.
(B) In general, if you are not living with them and not taking money from them, they will only have as much control as you give them. At 18, the law will recognize you as fully independent if you separate yourself from them physically and financially. They have zero say in the matter. If they meddle in any way that would be illegal for a stranger, it will be illegal for your parents at that point.
The only real exceptions are (1) co-ownership and (2) mental illness.
(1) If their name be on it, it be theirs -- regardless of the hows %26amp; whys. The law is rather black and white in the area of anything with registered ownership (like financial accounts or cars).
(2) It is possible to declare someone mentally incompetent, esp. if they are a child. However, this a very difficult process unless there is a string of prior behavior (like treatment for severe mental illness and hospitalization) to back it up.
nO0 THEY Cannot take your money out.
If the money is only on your name then no0 they have no access to ur banking account
IF the account is on ur name and theirs then yes
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