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Coverdell Education Savings Account
(redirected from Coverdell education savings accounts)

    Also found in: Wikipedia 0.04 sec.
Coverdell Education Savings Account
A special individual retirement account opened on behalf of a child under age 18. Contributions of up to $2,000 annually may be made by anyone who meets specified income limits. Contributions are not tax-deductible, but earnings grow tax-deferred until withdrawn. Money withdrawn prior to the child turning age 30 to pay for elementary, secondary, or postsecondary education expenses after high school is not subject to federal income tax. Formerly called Education IRA.
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Coverdell Education Savings Accounts (formerly Education IRAs)
Consider college early in child's life by The Register-Guard (Eugene, OR)
leads a team of tax, personal financial planning, and college funding specialists in providing guidance on 529 plans, Coverdell Education Savings Accounts, and other college funding tax breaks as well as on the student financial aid process in order to enable practitioners to advise families and independent students.
New resources by Journal of Accountancy
Coverdell Education Savings Accounts (formerly Education IRAs)
Even with War on, Taxes Still Due, Says Local H&R Block by Business Wire
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