A new and better way to save for a child's educational expenses.
- Up to $2000 in non-deductible contributions per child can be made each year, until that child reaches age 18.
- Withdrawals for certain qualified education expenses are tax-free.
- Qualified education expenses may include tuition, fees, books, computer equipment and technology required for elementary, secondary and post-secondary education.
Please check with your tax advisor when planning to invest in a Coverdell Education Savings Account.