Coverdell College Savings Plan or the 529

What should I know before investing in the Coverdell College Savings Plan or the 529?

  • 2 minutes of estimated read.
  • in: Student Loans
  • Written by: Charlotte Harper

What is Coverdell college savings plan? Coverdell Education Savings Accounts (also known as Coverdell ESAs) are investment accounts that allow you to save money for a child’s education. The money in the account grows tax-free and can be used for qualified educational expenses, such as tuition, books, and room and board. Contributions to a Coverdell […]

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