scottandrewhardy wrote:If a missionary has an overage on their account, can I transfer these funds into another missionary's account? Can the family leave the funds in the account and use for a future sibling? or do I need to transfer these funds to ward missionary account?
Work with your bishop to determine how the ward missionary funds should be used. If the missionary with the overage has returned, you should transfer those funds to the general ward missionary account so that the returned missionary sub-account will close.
After that, the bishop may decide to hold the funds for another sibling (if it will not be too long in the future). Or there may be a current need to assist another missionary who is currently serving. The bishop might also just make a note of the extra amount, and when another missionary leaves from that family, transfer that amount from the ward missionary fund, even if the ward did not actually hold the funds in the interim.
It is all part of the ward missionary fund, and the bishop administers it according to guidelines. But whatever is decided, you should zero out a returned missionary so that there will no longer be a balance there.