College is becoming increasingly important and also increasingly expensive. And unless you're stacked like Oprah, you're probably going to need a serious saving plan for such a significant expense.
Coverdell Education Savings is a federally backed account that grows competitive dividends, tax-free. And withdrawals are tax-free too, when used for qualified education expenses. There are no setup or annual fees—so get started today.
*Qualified expenses include tuition and fees, books, supplies, board, etc.
**Consult your tax advisor to determine your contribution limit.
***Those earnings are subject to income tax and a 10% penalty.