Coverdell Education Savings Account

A Coverdell Education Savings Account provides a way for you to pay for qualified educational expenses tax-free.

Features

  • Increased annual contribution limits up to $2,000 per child, per tax year
  • Tax free withdrawals for qualified expenses for kindergarten through postsecondary school
  • Qualified expenses include:
    • Tuition and fees
    • Books, supplies, and equipment
    • Academic tutoring
    • Transportation
  • Your investment is protected with the security of FDIC Insurance
  • Setup as an IRA, various deposit terms available to suit your needs
  • Open a Coverdell Education Savings Account today with $500

To learn about other education planning strategies, visit with one of our trusted NVIS advisors.