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COVERDELL ESA SHARE
- Formerly known as Education IRAs, Coverdell Education Savings Accounts are an ideal way for you to begin saving money to help a child, grandchild or any young person you know pay for highter education expenses down the road.
- Contributions to Coverdell Education Savings Account are not tax-deductible, but distributions used to pay for the qualified education cost of the named beneficiary are generally tax free.
- Individuals may make contributions for a tax year no later than the tax filing deadline for that tax year; generally April 15.
- Contact the credit union for details.
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