Make it easier for a student in your life to fund the education they deserve. A Coverdell Education Savings Account (ESA) offers a tax-free way to grow your savings with competitive dividends, helping you build financial confidence for education, one of the most important investments you can make.

Coverdell ESAs can be used for more than college and universities. They can be used for elementary, secondary, vocational, and special education schools.

A Coverdell ESA can pay for a wide range of educational expenses, including:

• Tuition and Fees: Payments for enrollment or attendance at an eligible educational institution.
• Books and Supplies: Costs for textbooks, notebooks, and other necessary supplies.
• Technology: Expenses for computers, software, and internet access, if used primarily for educational purposes.
• Room and Board: Costs for housing and meal plans, if the student is enrolled at least half-time.
• Special Needs Services: Expenses required for a special needs beneficiary to attend school.

Start saving today for the special children and grandchildren in your life today. They will appreciate you giving them a head start.

• Set aside funds for education
• No setup or annual fee
• Dividends grow tax-free
• Withdrawals are tax-free and penalty-free when used for qualified education expenses¹
• Designated beneficiary must be under 18 when contributions are made
• To contribute to an ESA, certain income limits apply²
• Contributions are not tax deductible
• $2,000 maximum annual contribution per child
• The money must be withdrawn by the time he or she turns 30³
• The ESA may be transferred without penalty to another member of the family

¹ Qualified expenses include tuition and fees, books, supplies, board, etc.
² Consult your tax advisor to determine your contribution limit.
³ Those earnings are subject to income tax and a 10% penalty.