A College Savings Plan, often referred to as a Qualified Tuition Program (529 Plan), is a tax-advantaged investment plan designed to encourage saving for future education expenses.
A Coverdell Education Savings Account (ESA) is a type of Individual Retirement Account (IRA) designed to help parents save for their child's education expenses. These accounts allow for tax-free growth and withdrawals for qualified education expenses.
A Coverdell Education Savings Account (ESA) is a tax-advantaged investment account designed to encourage savings for future education expenses. It can be established for a beneficiary under the age of 18, and the savings can be used for qualified education expenses from elementary through higher education.
