What Makes Coverdell Education Savings Accounts Different Than A Regular 529 Savings Plan?
In this article I’m going to find more details about what Coverdell education savings accounts are, and what makes them different than a regular 529 savings plan. You can either go to one of the state’s separate 529 savings plan, or you can choose to use a Coverdell plan. If your child is between grade 1 and grade 12, a Coverdell account might be useful as it, not only, lets you save for college; but also lets you save for private schooling.
Related Questions
- Can I contribute to a 529 savings plan, a Coverdell Education Savings Account and a College Illinois! Prepaid Tuition Program plan at the same time?
- Can I transfer my existing Coverdell education savings accounts and U.S. savings bonds into a 529 plan?
- What will happen to my existing/ new CPF Regular Savings Plan (RSP) from 1 Jul 2010 onwards?
