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A Coverdell education savings account, or Coverdell ESA, is a savings plan for education-related expenses. Funds can be used for college, elementary or secondary education.
A Coverdell education savings account (also known as an education savings account, a Coverdell ESA, a Coverdell account, or just an ESA, and formerly known as an education individual retirement account), is a tax advantaged investment account in the U.S. designed to encourage savings to cover future education expenses (elementary, secondary, or college), such as tuition, books, and uniforms ...
As of 2024, for instance, you can save only $2,000 per student per year with a Coverdell education savings account (ESA). With a prepaid tuition plan, however, you can pay enough to purchase all ...
A financial advisor can review a range of saving and investment accounts with you, including 529 plans, Coverdell Education Savings Accounts (ESAs), UTMA/UGMA custodial accounts and even Roth IRAs.
Option 1: Education Savings Account. With a Coverdell Education Savings Account (ESA), you can make tax-free withdrawals when the funds are used for qualified education expenses.
Education Savings Account, a U.S. designated account to encourage savings to cover future education expenses; École Sainte-Anne, a French public middle/high school in Fredericton, New Brunswick, Canada; École supérieure des affaires (Beirut), a Lebanese business school; École Supérieure des Affaires (Lille), a French business school
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