Coverdell Education Savings Account (ESA)
Coverdell ESA – An Intelligent Investment
Seeing a child get a good education is every parent’s dream. But you may be wondering how you’ll pay for rising elementary, high school, and college education costs. A Coverdell ESA may be your answer. Benefits include:
- Non-deductible contributions provide the potential for tax-free withdrawals.
- Funds can be transferred to an eligible family member.
- Contributions can be made until the child turns 18.
Learn more about a Coverdell ESA
USECU is not at liberty to give tax advice, please see your tax advisor or tax accountant.