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 ...

Today, we'll introduce you to one such tool that often flies under the radar: the Coverdell education savings account (ESA). The Coverdell ESA is an investment account with a few special ...

Editor’s note: This is the third article in a six-part series focused on paying for education using smart financial and estate planning. Part one is Direct Tuition Payments: A Tax-Efficient Way ...

Like the 529 college savings plan, the Coverdell Education Savings Account (ESA) is a tax-advantaged account geared toward qualified educational expenses. But there are several differences between ...

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Part two is 529 Plans: A Powerful Way to Tackle Rising Education Costs. Part three is Coverdell Education Savings Accounts: A Deep Dive. Future articles will focus on education trusts and family ...

A Coverdell education savings account (Coverdell ESA) is a custodial account or trust established specifically to pay qualified education expenses for the account’s designated beneficiary.