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College Savings

Parents, grandparents, kids, or all three can start saving with a CEFCU Coverdell Education Savings Account (ESA).

  • Elementary, secondary, college education expenses
  • $2,000 per year for each child under 18
  • Tax-free qualified withdrawals*
  • Federally insured up to $250,000
  • Income limits*

Funds must be withdrawn by the time the child turns 30.

Contact CEFCU to open your ESA today.

College Savings FAQs

*Check with your tax advisor for specific guidelines.