Coverdell Education Savings

Save for your future Trojan's education. Any adult can open a Coverdell ESA in the name of a child up to age 18, and the earnings grow tax-free. Contributions are not tax-deductible, and are limited to $2,000 annually. Withdrawals are tax-free if used for qualified education expenses such as tuition, housing, books and supplies.

• Minimum Balance: $10 (Share), $1,000 (Certificate)
• Monthly Service Charge: None