A Coverdell Educational Savings Account (ESA) is a tax advantaged account for the purpose of funding various levels of education, not just college. Elementary and secondary educational expenses can also be covered.

Key Benefits

• Contributions are not tax deductible but grow tax free until distribution
• Contributions can be made until beneficiary turns age 18
• Must be used for qualified educational purposes
• Income limitations may restrict your ability to contribute
• Annual contribution limits are relatively small

To get started on education planning or funding a Coverdell ESA, please call our office at 864.288.2849 or submit a contact form.