Rates Starting At
Coverdell ESAs have an annual contribution limit of $2,000 per child per year.**
Coverdell Education Savings Accounts
Communication Federal Credit Union offers ESAs to help pay for qualifying education expenses, including eligible elementary, secondary, and post-secondary education.
Contribute up to $2,000 per Child per Year**
Contributions can be Made Until the Child’s 18th Birthday
ESA Certificates Available to Maximize Earnings
No Taxes Paid on Principle or Earnings when Withdrawn for Qualified Education Expenses
Contributions are not Tax Deductible
Funds can be Transferred to Another Child if not Used by the Original Beneficiary
*APY = Annual Percentage Yield. Rates accurate as of 9/22/2020 and may change at any time without notice.
**Income limits may apply. Please consult your tax advisor for additional information.