This depends on the account’s protections. If your account requires dual signatures, you’ll both have to agree to close it. However, either party can close the account with the other’s permission if it only needs one signature to make changes. You’ll need to contact your financial institution to have your funds paid out. Before opening your savings account, you should talk to your partner or co-signer about how the funds will be distributed if you ever need to close the account. This agreement can save on hassle when wrapping up your joint account.