Learn how Coverdell Education Savings Accounts (ESAs) work. Discover contribution limits, tax benefits, and eligible expenses ...

Many families are familiar with the popular 529 plan for tax-free college saving. But whatever happened to the 529's poor relation, the Coverdell Education Savings Account? Well, after being shunned ...

Education savings accounts once had promise, but they're about to fall off the cliff. With tuition costs soaring, saving for education is more important than ever, and Coverdell ESAs have been one of ...

Coverdell education savings accounts (ESA) are meant to help families put funds aside for elementary, secondary or college education expenses. In general, Coverdell ESAs allow you to add $2,000 per ...

Q: I know there are two college-specific savings accounts -- the 529 savings plan and Coverdell ESA. However, the 529 is the only one I see discussed in the news most of the time. Is there something ...

I have a Coverdell Education Savings Account for my son. He'll be graduating college soon but will not have exhausted the Coverdell account. Although he attended a private high school, we didn't tap ...

Formerly known as an Education IRA, a Coverdell Education Savings Account (Coverdell), is a federally sponsored, tax-advantaged trust or custodial account set up to pay for qualified education ...

BOSTON (CBS) - When ESAs were created they were named Educational IRAs and limited to a $500 contribution. With a name change they became the Coverdell Education Savings Accounts or ESAs. Currently ...

A Coverdell Education Savings Account, also known as a Coverdell ESA, is a tax-advantaged savings account designed to help with education expenses. While they have lower contribution limits than other ...

A Coverdell, a.k.a. Education Savings Account, allows you to accumulate investment earnings tax-free. As with a 529 account, you get no federal tax deduction for contributions to a Coverdell. As with ...

A Coverdell ESA has its advantages, but the main alternative is superior in nearly every way. Q: I know there are two college-specific savings accounts -- the 529 savings plan and Coverdell ESA.