Meaning Coverdell Education Savings Account
What does Coverdell Education Savings Account mean? Here you find 17 meanings of the word Coverdell Education Savings Account. You can also add a definition of Coverdell Education Savings Account yourself

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Coverdell Education Savings Account


An account defined by the Internal Revenue Code as an incentive to help taxpayers save for education expenses. A taxpayer may deposit up to $2,000 per year for each student under the age of 18. These deposits are not tax deductible, but interest on them accrues tax-free. The student will not owe tax when the funds are distributed to the extent the [..]
Source: allstate.com (offline)

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Coverdell Education Savings Account


A tax-advantaged investment account that allows accumulation of funds to cover future education expenses, subject to limitations. Coverdell ESAs allow money to grow tax deferred and proceeds to be withdrawn tax free for qualified education expenses at a qualified institution.
Source: sungardeninvestment.com (offline)

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Coverdell Education Savings Account


Definition ESA. An investment vehicle designed to help parents fund their child's education. The Coverdell Education Savings Account has replaced the Education IRA. Contributions to the account a [..]
Source: investorwords.com

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Coverdell Education Savings Account


A tax deductible savings account containing funds for educational expenses. Interest and qualified withdrawals are generally nontaxable. 
Source: efile.com

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Coverdell Education Savings Account


A tax exempt trust exclusively for the purpose of paying qualified higher education costs of the trusts designated beneficiary.
Source: nysscpa.org

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Coverdell Education Savings Account


(or Coverdell ESA) is a tax-advantaged savings account intended to help parents and guardians prepare for the expense of their child’s education.
Source: investinganswers.com

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Coverdell Education Savings Account


A Coverdell Education Savings Account, formerly known as an education IRA, is a federal tax-advantaged account for saving for qualified K-12 and higher education expenses. Contributions are limited to [..]
Source: edvisors.com

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Coverdell Education Savings Account


A federal program that allows parents to accumulate tax-free savings for a child's college education, formerly called the Education IRA.
Source: fountaincpa.com

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Coverdell Education Savings Account


A tax-advantaged investment account that allows accumulation of funds to cover future education expenses, subject to limitations. Coverdell ESAs allow money to grow tax deferred and proceeds to be wit [..]
Source: snbinvest.com

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Coverdell Education Savings Account


n. Cuenta de Ahorro para la Educación Coverdell
Source: trelliscompany.org

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Coverdell Education Savings Account


A Coverdell ESA is a trust or custodial account created or organized in the United States only for the purpose of paying the qualified education expenses of the designated beneficiary of the account. [..]
Source: aboutchet.com

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Coverdell Education Savings Account


A Coverdell ESA is a trust or custodial account created or organized in the United States only for the purpose of paying the qualified education expenses of the designated beneficiary of the account. [..]
Source: misaves.com

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Coverdell Education Savings Account


A Coverdell ESA is a trust or custodial account created or organized in the United States only for the purpose of paying the qualified education expenses of the designated beneficiary of the account. It may be used to save for K-12 and higher education expenses and limits contributions to $2,000 per year per child. Household income limitations may [..]
Source: kysaves.com (offline)

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Coverdell Education Savings Account


A tax-deferred account that families can use to fund educational expenses for children age 18 or younger. Contributions are limited to $2000 per year for each child who is beneficiary for the Coverdell education savings account. 
Source: fundsus.deutscheam.com (offline)

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Coverdell Education Savings Account


A tax-advantaged investment account that allows accumulation of funds to cover future education expenses, subject to limitations. Coverdell ESAs allow money to grow tax deferred and proceeds to be wit [..]
Source: navigationfinancial.com

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Coverdell Education Savings Account


A tax-advantaged investment account that allows accumulation of funds to cover future education expenses, subject to limitations. Coverdell ESAs allow money to grow tax deferred and proceeds to be withdrawn tax free for qualified education expenses at a qualified institution.
Source: assetgroup.us (offline)

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Coverdell Education Savings Account


Investment vehicle designed to help parents or others fund a child's education. Contributions aren't tax deductible, but distributions for qualified educational expenses aren't taxable. [..]
Source: statefarm.com





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