Coverdell Education Savings Account

Coverdell Education Savings Account

A Coverdell Education Savings account is set up on behalf of a designated beneficiary.  Contributions up to $2,000 per beneficiary per year can be made if he/she is under the age of 18.  Withdrawals, including interest earned, are not taxed if used for qualified education expenses.  Start saving for your child's or grandchild's education, now!

*Coverdell Education Savings Accounts are not FDIC insured