Account Type
Coverdell Education Savings Account
A Coverdell Education Savings Account (ESA) enables you to make tax-advantaged investments to cover future educational expenses of the beneficiary.
Account Type
A Coverdell Education Savings Account (ESA) enables you to make tax-advantaged investments to cover future educational expenses of the beneficiary.
At a Glance
Distribution Rules
You or any adult can contribute up to $2,000 total per year in 2024. Coverdell ESA contributions are not deductible from your income for tax purposes.
Coverdell ESAs with the same beneficiary can be transferred or combined without limit.
A Coverdell ESA can be rolled over to another family member, who would become the new beneficiary.
Other Investments
No financial advisor knows you better than yourself. With a Coverdell ESA, you have the freedom to invest your tax-advantaged retirement funds in the assets you’re most passionate about.
From real estate to startups to small businesses, if you can find it, we will help you fund it.
Education Center
