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fund for children; deposits can be made until the child is 18 years of age; annual deposits up to $2,000; funds can be withdrawn for education expenses (tuition, laptop, room and board, etc.)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 $200
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Planning is Important!
College is expensive! It is extremely important to put together a solid plan that will prepare you for this upcoming expense. The best way to start is to get all the facts you need put together in one place.
Fill out the PFSA online college calculator below and you’ll have the best support you can get.