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Funds must be withdrawn by the time the child turns 30.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