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Coverdell ESA
An ESA (Educational Savings Account) is an investment tool created for the purpose of paying for the future cost of a child's education. The plan allows total after-tax contributions of $2,000 per year for each child until they reach the age of 18. These contributions and their subsequent earnings are tax-free when withdrawn to pay for qualified education expenses.

To open up a Coverdell ESA, please visit one of our convenient branch locations.
Related Links:
Googolplex for Students - Fun & Educational
College Savings Calculator »


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Members' accounts are insured by the National Credit Union Administration (NCUA) up to $100,000 (IRA accounts are insured up to $250,000). Equal Housing Lender. Penalty for early withdrawal from Certificate Accounts. Rates subject to change daily. Terms and Conditions do apply. » indicates a 3rd party link. © 2008 Coastal Federal Credit Union All rights reserved.
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