Archive for the ‘Coverdell ESA’ Category

Coverdell ESAs Allow Small Contributions But Provide Access To Wide Investment Universe

March 28th, 2018

In his latest Forbes.com article, Adam Bergman, discuses the Coverdell ESA – Formerly known as an Education IRA, a Coverdell Education Savings Account (Coverdell), is a federally sponsored, tax-advantaged trust or custodial account set up to pay for qualified education expenses, such as tuition and fees; the cost of books, supplies and other equipment; and […]

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What is a Self-Directed Coverdell Education Savings Account?

March 16th, 2018

Formerly known as an Education IRA, a Coverdell Education Savings Account (ESA), is a federally sponsored, tax-advantaged trust or custodial account set up to pay for qualified education expenses. Who can Establish a Coverdell ESA? A Coverdell ESAs can be opened for any student who is under the age of 18 years. The assets, however, […]

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