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Home > Investments and Insurance > Investment > Coverdell Savings Account

Coverdell Education Savings Account

Important Tax Relief Information

A composer. A doctor. An engineer. No matter what your child dreams of, Provident can help you turn that dream into a reality. All it really takes is a little planning with an educational savings program.

Open a Coverdell Education Savings Account with just $100 in a 12-Month Add-On CD. Use the investment to fund a variety of educational expenses throughout your child's elementary, secondary and post secondary school years or take advantage of a variety of term options. The funds can be withdrawn free from federal taxation for funds used for qualified expenses by the child's 30th birthday. Subject to certain income limits, a contribution of up to $2,000 can be made per child per year. There is an annual maximum of $2,000 contributed per year per child under age 18.*

Click here to check out our rates.

To open an account:

*Consult your tax advisor regarding tax advantages, contributions and withdrawals.

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