Coverdell Education Savings Account

It’s never too early to start planning for your child’s education. Start saving today for elementary, secondary and higher education expenses through a Coverdell Education Savings account and watch your earnings grow tax-free!

  • The Coverdell Education Savings Account allows investors to make non-deductible annual contributions up to $2,000 per year for each child up to age 18
  • Coverdell Education Savings Accounts are trust accounts for the same designated beneficiary, established by the same grantor, and are insured up to an aggregate $250,000
  • Earnings from a Coverdell account grow tax-free and can be used to pay qualified elementary and secondary school expenses as well as those for higher education