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Can I increase coverage for my joint accounts by using a different co-owners Social Security number on each account or changing the way the owners names are listed on the accounts?

April 26, 2017account accounts changing co-owner coverage different increase Joint social security

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Can I increase coverage for my joint accounts by using a different co-owners Social Security number on each account or changing the way the owners names are listed on the accounts?

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Using different Social Security numbers, rearranging the order of names listed on accounts or substituting “and” for “or” in joint account titles does not affect the amount of insurance coverage available to co-owners of joint accounts.