Saving for Education
College is expensive! Start saving early. Open an Account for your children and help them graduate without student loans
Education Savings Account
Coverdell (Education) IRA
- Great to start a college fund for children
- Deposits can be made until the child is 18 years of age
- Annual deposits up to $2,000
- Funds can be withdrawn for education expenses (tuition, laptop, room and board, etc.)
- Tax free
- Funds may be transferred to another child.
- Minimum to open is $100.