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Can I contribute to a DC College Savings Plan account and another education savings account, such as a Coverdell Education Savings Account, in the same year?

April 26, 2017account College Savings contribute Coverdell dc Education Plan savings account year

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Can I contribute to a DC College Savings Plan account and another education savings account, such as a Coverdell Education Savings Account, in the same year?

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Yes. Contributing to a DC College Savings Plan account will not affect your ability to invest in other education savings vehicles, such as a Coverdell Education Savings Account or an account under the Uniform Gift to Minors Act (UGMA/UTMA). If contributing to more than one account, you should consult a tax advisor.