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​What happens to the money in my account if I don’t go to college?

If you decide not to go to college, the funds can be transferred to a sibling, niece, nephew, or even your own children. They do have to be moved out of the Coverdell ESA before you turn 30 years old so you don’t incur a penalty.

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Upcoming Branch Closures | Friday, March 6, Aroostook County branches close at 12 p.m., Bangor branches close at 2 p.m., and on Saturday, March 7, all branches are closed. See Schedule