Tax-Free College Savings 

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. Plus, the money you invest in a Coverdell Education Savings Account does not count against the maximum you can invest in your other IRAs.

 

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