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.
