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Learn more about how a Coverdell Education Savings Account can benefit you as you pay for your child’s education.
In prior years, Education Savings Accounts were not very attractive to parents, grandparents, and other parties interested in contributing to a child's education because contributions were limited to $500 and could only be used for higher education. The new tax laws have made significant changes that make them much more attractive. Our Education Savings Account provides tax-free investment growth for children under the age of 30. There is no tax deduction, but tax-free growth replaces this benefit.
There are some restrictions that you should be aware of:
Put a Coverdell Education Savings Account to work for you, talk to one of our specialists today.
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