Coverdell Education Savings Account
Account Features
Professionally Managed
Open in any base currency
No minimum initial deposit required*
Broadest range of investment options
Immediate tax benefits
Tax-deferred capital gains

EDUCATION SAVINGS ACCOUNT

Account Features
Professionally Managed
Open in any base currency
No minimum initial deposit required*
Broadest range of investment options
Immediate tax benefits
Tax-deferred capital gains

Key Facts

The Coverdell ESA is a savings plan created for the purpose of paying a student’s qualified educational expenses. These can include, but are not limited to, tuition, books, and uniforms. Like a 529, your money is tax-deferred, allowing your fund to grow faster.

Contributions to a Coverdell ESA are not tax-deductible. In addition, contributions are allowed for individuals under the age of 18.

Distributions from a Coverdell ESA may be tax-free, but they must be used to pay for qualified educational expenses.

With a Coverdell ESA account, you can invest in a wide variety of products including stocks, bonds, and mutual funds.

The maximum contribution per year is $2,000.

Account Minimums:

No minimum to open
$2,000 maximum per designated beneficiary

Global Advisers Education Planning Services

Interested in our services? Speak with a financial professional.

800-832-8514

Monday – Friday 8 a.m. to 8 p.m.
Saturday 10 a.m. to 4 p.m.
Eastern time

Key Facts

The Coverdell ESA is a savings plan created for the purpose of paying a student’s qualified educational expenses. These can include, but are not limited to, tuition, books, and uniforms. Like a 529, your money is tax-deferred, allowing your fund to grow faster.

Contributions to a Coverdell ESA are not tax-deductible. In addition, contributions are allowed for individuals under the age of 18.

Distributions from a Coverdell ESA may be tax-free, but they must be used to pay for qualified educational expenses.

With a Coverdell ESA account, you can invest in a wide variety of products including stocks, bonds, and mutual funds.

The maximum contribution per year is $2,000.

Account Minimums:

No minimum to open
$2,000 maximum per designated beneficiary

Global Advisers Education Planning Services

Interested in our services? Speak with a financial professional.

800-832-8514

Monday – Friday 8 a.m. to 8 p.m.
Saturday 10 a.m. to 4 p.m.
Eastern time