1. What Are the Rules for Coverdell Savings Accounts?

    Father Researching Coverdell Savings AccountAs society advances, higher education becomes more important than ever. Fortunately, there are several strategies you can use to save for your child’s educational expenses. One such vehicle is the Coverdell Education Savings Account (ESA). The Coverdell ESA is a tax-deferred account you can use to hold investments for a child or other beneficiary’s future educational expenses.