ESA Options   

Rates Starting At

0.10% APY*

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   No Taxes Paid on Principle or Earnings when Withdrawn for Qualified Education Expenses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

If you’d like more information about Communication Federal Credit Union ESAs, please visit your nearest CFCU branch or call 800.522.3535 to learn about the options.

*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.