COVERDELL ESA CERTIFICATE
• Formerly known as Education IRAs, Coverdell Education Certificate 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 Certificate 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 Julie at the credit union for details and information.
