Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What Is a Coverdell ESA

American college Coverdell Education education ira ESA expenses fraternal Insurance Investment IRA National nss organization Slovak Society tips tuition
0
Posted

What Is a Coverdell ESA

0 CommentsAdd a Comment

7 Answers

1 2
0

It is a Trust account that anyone can contribute to for qualified education expenses of a child, from elementary all the way through college.

0 CommentsAdd a Comment
0

What is an Coverdell ESA? A Coverdell Education Savings Account (ESA) is an account that helps individuals save for the cost of elementary, high school or higher education. You can open multiple Coverdell ESA accounts on behalf of anyone under the age of 18, as long as the total contributions do not exceed $2,000 in total a year per child. Certain age-related limitations will not apply to any designated beneficiary with special needs (as determined under regulations prescribed by the Secretary).

0 CommentsAdd a Comment
1 2

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123