Education Savings Accounts (Coverdell)

Education Savings Accounts (Coverdell)

Invest in your child.

    Benefits

    Although you can't put a price on education, a fund for school is the next best thing. An Education Savings Account provides a tax-free way to save for a child's education.

    • Save for education
    • Earn interest that grows, tax-free*
    • Withdrawals are tax-free* when used toward qualified education expenses
    • Annual contribution limits per child
    • Anyone may contribute
    • Contributions can be made until the child is 18
    • Mandatory distribution by age 30
    • Share Insurance up to at least $500,000

    *Consult your tax advisor.