Coverdell Education Savings Account

A Coverdell Education Savings Account (CESA) might be ideal for you if you are saving for a child’s education.

You, your employer, a non-profit corporation and even your student can make contributions to the CESA - up to $2,000 per year for each student.

Distributions are generally tax-free, when used for qualified education expenses. For detailed information, see IRS Publication 970, Tax Benefits for Education, at IRS.com.

 

 

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