It’s never too soon to start planning for the education expenses ... where it’s based, a Coverdell can be established through banks, brokerage firms or mutual fund companies.
Coverdell education savings accounts (ESA) are meant to help families put funds aside for elementary, secondary or college education expenses. In general, Coverdell ESAs allow you to add $2,000 ...
If you wanted to, you could even fund your own educational expenses ... to claim a tax deduction for your contribution. A Coverdell education savings account is similar to a 529 plan, with more ...
See below for links to the previous articles, about direct tuition payments, 529 plans, Coverdell education savings accounts, UTMAs and irrevocable trusts. Student loans are a common way to fund ...