Coverdell education savings account

A Coverdell education savings account, is a tax advantaged investment account in the U. S. designed to encourage savings to cover future education expenses, such as tuition, books, and uniforms.

It is found at Section 530 of the Internal Revenue Code.
Coverdell ESAs were first introduced under the Taxpayer Relief Act of 1997.

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Source: Wikipedia · Image: Wikimedia Commons · Public domain

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