Coverdell ESA: The Underutilized and Underappreciated College Savings Account

Coverdell ESA: The Underutilized and Underappreciated College Savings Account thumbnail

The Coverdell ESA is probably the least understood and most underutilized of all the college savings accounts. In the right situations it offers most of the same tax benefits as a 529 plan with some additional flexibility to use the money tax-free in a wider variety of situations. Here’s an overview of the benefits and limitations.Read more…