Updating Your Bank Accounts and Financial Institutions

Why Update Your Financial Accounts?

Updating your financial accounts to your Florida address is important for several reasons:

• Domicile evidence: Financial ties strengthen your Florida residency claim
• Tax reporting: 1099 forms will be sent to your Florida address
• Consistency: Matching addresses across accounts shows clear intent
• Mail delivery: Statements and important notices reach you properly

Updating Bank Accounts

Online Banks (Ally, Marcus, Discover, etc.)

1. Log in to your online banking portal
2. Navigate to Settings → Personal Information or Profile
3. Update your address to your Florida address
4. Enter the complete address including any unit/lot number
5. Save changes and take a screenshot for your records

Traditional Banks (Chase, Bank of America, Wells Fargo, etc.)

1. Try updating online first through your account settings
2. If online update fails, call customer service
3. Have your account number and new address ready
4. Request email confirmation of the address change

Credit Unions

Credit unions may require:

• Phone call or secure message to update address
• Proof of new address (utility bill or lease)
• Updated driver's license showing new address

Updating Credit Cards

Credit card issuers generally make address updates easy:

Issuer	Update Method	Notes
Chase	Online or app	Settings → Profile
American Express	Online or app	Account → Personal Information
Capital One	Online or app	Profile → Contact Info
Discover	Online or phone	Profile → Update Address
Citi	Online or phone	Profile → Manage Addresses

Updating Investment Accounts

Brokerage Accounts (Fidelity, Schwab, Vanguard, etc.)

1. Log in to your brokerage account
2. Navigate to Account Settings or Profile
3. Update your Legal/Mailing address
4. You may need to agree to updated account terms for your new state
5. Some brokerages require a form submission or phone call

Retirement Accounts (401k, IRA)

• Employer 401k: Update through your HR system or benefits portal
• Rollover/Traditional IRA: Update through the custodian (Fidelity, Schwab, etc.)
• Roth IRA: Same process as traditional IRA

Cryptocurrency Exchanges

Coinbase, Kraken, Gemini, and others allow address updates online:

1. Log in and navigate to Settings → Account Information
2. Update your address
3. You may need to re-verify identity after a state change
4. Florida is crypto-friendly with no additional state requirements

Other Financial Accounts

Insurance

• Auto insurance: Update immediately—rates may change based on Florida address
• Health insurance: Important for ACA marketplace plans or employer coverage
• Life insurance: Update beneficiary addresses and your contact info
• Renters/Homeowners: Update if you have coverage at another location

Loans and Mortgages

• Student loans: Update through your servicer's website
• Auto loans: Update through the lender portal
• Mortgage: Update your mailing address for statements

PayPal, Venmo, Cash App

1. Open the app and go to Settings
2. Update your address under Personal Information
3. Verify any linked bank accounts still work properly

Financial Update Checklist

Use this checklist to track your progress:

• ☐ Primary checking account
• ☐ Primary savings account
• ☐ Additional bank accounts
• ☐ Credit card #1
• ☐ Credit card #2
• ☐ Credit card #3
• ☐ Brokerage account(s)
• ☐ Retirement accounts (IRA, 401k)
• ☐ Auto insurance
• ☐ Health insurance
• ☐ Student loans
• ☐ PayPal/Venmo/Cash App
• ☐ Any other financial accounts

Troubleshooting Address Updates

If an Institution Won't Accept Your Address

1. Verify you're entering the address exactly as provided (including unit number)
2. Try updating via phone instead of online
3. Ask a representative to manually override the address validation
4. Request to speak with a supervisor if needed
5. Contact Your Tax Base support—we can provide verification letters

Next Steps

1. Notify your previous state
2. Get your Florida driver's license
3. Register to vote in Florida