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How is “child” defined for a Coverdell Education Savings Account (CESA)?

April 26, 2017cesa child Coverdell defined Education savings account

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How is “child” defined for a Coverdell Education Savings Account (CESA)?

2 Answers

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A child is defined as a person under 18 years of age. Contributions can be made on behalf of the child until the day before the child’s 18th birthday. No contributions can be made for anyone age 18 or older. (Exceptions apply for children with special needs.

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A child is defined as a person under 18 years of age. Contributions can be made on behalf of the child until the day before the child’s 18th birthday. No contributions can be made for anyone age 18 or older.