When Could Women Open a Bank Account? It wasn’t until 1974, when the Equal Credit Opportunity Act passed, that women in the U.S. were granted the right to open a bank account on their own.

A limited purpose flexible spending arrangement (LPFSA) is a medical savings plan, for use with a health saving account (HSA), to pay dental and vision expenses.

IRA stands for individual retirement arrangement. That’s the official name given by the IRS, but most people think of IRAs as individual retirement accounts, and that’s exactly what they are.