FAQ

What is a Coverdell Educational Savings Account?

Coverdell Education Savings Accounts (ESA) are special accounts for a child's education. This account allows you to withdraw money, tax-free, for education expenses such as tuition, fees, books, supplies, and equipment. Unlike 529 plans, they can also be used for elementary and high school expenses at most public, private and parochial schools.

Related Articles

All information provided through this site is intended to be accurate. However, there may be inaccuracies from time to time which we will make every attempt to correct immediately.

Locate a Branch

Locations in Iowa and Nebraska to serve you.

Image of Veridian Branch