{"id":2784,"date":"2014-01-11T17:06:20","date_gmt":"2014-01-11T23:06:20","guid":{"rendered":"https:\/\/stpaulfcu.orgira-2\/"},"modified":"2025-08-20T15:52:25","modified_gmt":"2025-08-20T20:52:25","slug":"ira-2","status":"publish","type":"services","link":"https:\/\/stpaulfcu.org\/services\/ira-2\/","title":{"rendered":"College Savings"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-tax-free-college-savings-nbsp\" style=\"font-size:30px\">Tax-Free College Savings&nbsp;<\/h2>\n\n\n\n<p class=\"has-lg-font-size\">Enjoy tax-free withdrawals for higher education expenses with a Coverdell Education Savings Account from St. Paul Federal Credit Union.<\/p>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"padding-top:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30)\">\n<h2 class=\"wp-block-heading has-spfcu-navy-color has-text-color\" id=\"h-the-benefits-of-a-coverdell-education-savings-account\" style=\"font-size:25px\">The Benefits of a Coverdell Education Savings Account<\/h2>\n\n\n\n<p class=\"has-lg-font-size\">A Coverdell Education Savings Account allows you to make tax-free contributions of up to $2,000 per child, per year, until the child reaches age 18. Plus, the money you invest in a Coverdell Education Savings Account does not count against the maximum you can invest in your other IRAs.<\/p>\n<\/div>\n\n\n\n<div style=\"height:150px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tax-Free College Savings&nbsp; Enjoy tax-free withdrawals for higher education expenses with a Coverdell Education Savings Account from St. Paul Federal Credit Union. The Benefits of a Coverdell Education Savings Account A Coverdell Education Savings Account allows you to make tax-free contributions of up to $2,000 per child, per year, until the child reaches age 18. [&hellip;]<\/p>\n","protected":false},"featured_media":2774,"template":"","department":[254],"class_list":["post-2784","services","type-services","status-publish","has-post-thumbnail","hentry","department-investments"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>College Savings - St. Paul Federal Credit Union<\/title>\n<meta name=\"description\" content=\"Saving for college? 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