FIGFCU Education Savings Account (ESA) | Set Your Kids Up For Success
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Education Savings Account (ESA)

Set Them Up For Success

Before you know it, it’ll be college time and that COSTS A LOT. Make sure there are no surprises with the Coverdell Education Savings Account (ESA).

It’s the perfect way to save for education expenses and get tax benefits at the same time.

  • Can be used toward qualified education expenses including but not limited to: tuition, books, supplies, tutoring, uniforms and transportation
  • Contributions earn interest tax-deferred until distributed, but no taxes will be owed on distributions from the account if it is equal to or less than the child’s qualified education expenses
  • Yearly contribution limit of $2,000 per child applies

For more info, visit our IRA Service Center.

Open an account today!