Guides ยท Finance
Coverdell ESA Basics
Education savings option
Coverdell Education Savings Accounts allow limited annual contributions for K-12/college expenses with tax-free growth, subject to income limits and age rules.
- coverdell
- education savings
- income limits
- contribution limit
- k-12
Eligibility
Check income limits and beneficiary age rules.
Contribute
Up to annual limits; multiple contributors allowed within cap.
Use Funds
Tax-free for qualified K-12 or higher-ed expenses.