Questions tagged [safe-deposit-box]
A safe deposit box is an individually secured container usually held within a larger safe or bank vault.
What happens if a bank loses your safe deposit box?
My bank cannot find my safe deposit box! Luckily I still have the original contract and the keys. They are currently researching what happened, but it doesn't look good. I don't know when the box ...
Who uses safe deposit boxes?
What items would an average person keep in a safe deposit box? Sounds like most of the documents (passports, birth certificates) can be restored.
What are the disadvantages of keeping a small part of your assets as cash in a safe deposit box?
In Switzerland, banks do rent out safe deposit boxes for valuables. I am thinking of storing a small fraction of my assets there as cash. To diversify my portfolio, in addition to a savings account at ...
Will safe deposit boxes go to creditors when a bank in the United States goes bankrupt?
Money deposits will be gone when banks go bankrupt. How about safe deposit boxes? Will safe deposit boxes go to creditors as well when the bank goes bankrupt? What are the protections provided to ...
Can a safety deposit box fee reduce my taxes if I don't itemize?
Suppose I make $100 interest from a bank account and I pay $100 for a safety deposit box in a given tax year where I take the standard deduction. Can the safety deposit box fee reduce my taxes somehow?...
Do you need to be a customer of the bank to use their safety deposit box services?
The bank I want to use in the future doesn't have physical bank office locations so I'm looking into being able to use a safety deposit box service or something similar to store some documents.
Deductability of safe deposit box rental
Theoretically, the cost of renting a safe deposit box IS deductable on federal taxes "if the box is used for storing stocks,bonds, or investment-related papers and documents." Does anyone ...