COVERDELL SAVINGS ACCOUNT FEATURES
Available through Amplify Wealth Management through CUSO Financial Services, L.P.1
Multiple investment options available, depending on how much you're investing; start with as little as $50 per month
Annual contributions up to $2,000 allowed per beneficiary, per year
Dividends earned are tax-free as long as the distributions are used for eligible educational expenses such as books, living expenses, tuition, and computers
Annual contributions up to your annual contribution limit can be made with automatic transfers or by request
Any funds not used by the beneficiary before he or she turns 30 can be transferred to another family member
Give us a call at 512-519-5476 to schedule your complimentary consultation with a CFS Advisor1
CESA Eligibility: Beneficiary must be under the age of 18 when the CESA is opened, and household income levels above $95,000 per year may be subject to additional contribution restrictions
COLLEGE PLANNING CALCULATOR
Click here to calculate how much you should save each month to fund a college education
TIPS FOR FINANCIAL SUCCESS
How to Save For a Child's Education
Consider these factors when devising a plan to save for your child's education.
How to Choose a College Savings Plan
Learn the differences between 529 Plans and Coverdell Education Savings Accounts (CESAs).
College & Credit Cards
Before your child goes off to college, here are some pointers for managing that student credit card.
Tips for Decreasing College Debt
Check out these tips for limiting the amount of college debt you and your student take on.
goamplify.com | firstname.lastname@example.org | 512-519-5476 Ph | 512-491-1076 Fx | 3600 West Parmer Lane | Austin TX 78727
1. Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.