Education Savings Accounts (ESA)
-
What’s the maximum amount I can contribute to a Coverdell ESA account for a fiscal tax year?
October 25, 2017
The maximum amount is $2,000.
-
​What happens to the money in my account if I don’t go to college?
October 25, 2017
If you decide not to go to college, the funds can be transferred to a...
-
​Can I use the funds for something other than education?
October 25, 2017
No. Coverdell Education savings must be used for education-related purposes only.
-
​Are Coverdell Education savings funds only for college-related expenses?
October 25, 2017
No. Coverdell Education savings can also be used for approved expenses related to private elementary...
Open Account
Leaving Our Website
You are leaving our website and linking to an alternative website not operated by us. We do not endorse or guarantee the products, information, or recommendations provided by third-party vendors or third-party linked sites.