you may want to consider opening a Coverdell education savings account. This tax-advantaged savings account, often compared to a 529 plan, offers greater flexibility in setup. Unlike a 529 plan ...

A Coverdell ESA allows you to save on a tax-advantaged basis for qualified education expenses from kindergarten to college. It’s lesser known than a similar education savings plan called a 529 ...

a Coverdell ESA may also be a good tax-advantaged option. Finally, if you want to avoid being restricted to certain expenses, which is an issue with 529 and Coverdell plans, you may consider a ...

Other articles focus on direct tuition payments, Coverdell Education Savings Accounts, Uniform Transfer ... having a solid savings plan is essential to ease the financial burden and pave a smooth ...

529 plans do not have age limits, unlike Coverdell education savings accounts. Coverdell education savings accounts require contributions to end when the beneficiary reaches age 18. The account ...

“There are 529 plans and Coverdell Education Savings Accounts for tax-favored funding of future education expenses.” With a 529 plan, your contributions aren’t tax deductible, but they can ...