Best ESA Coverdell Contributions & Benefits Guide 2023
Table of Contents Key Takeaways Coverdell ESAs allow for tax-free growth on investments used for educational expenses. Annual contribution limit for Coverdell ESAs is $2,000 per beneficiary. Coverdell ESAs offer flexible investment options, including stocks, bonds, and mutual funds. Qualified educational expenses include tuition, fees, books, and even some K-12 costs. Income limits apply for … Read more