Coverdell Education Savings are set up for a child's higher education expenses. Contributions are nondeductible. Qualified higher education distributions are penalty and tax-free. Some contribution and withdrawal limitations apply. Please consult with your tax advisor before requesting an IRA account
What is a Coverdell Education Savings IRA? Print
Modified on: Mon, 2 Dec, 2019 at 6:16 AM
Did you find it helpful? Yes No
Send feedbackSorry we couldn't be helpful. Help us improve this article with your feedback.