Invest in your child’s future with a Coverdell ESA from CorePlus Credit Union.

Coverdell ESAs: Save for Your Child’s Education and Help Them Reach Their Full Potential

Cover higher education expenses like tuition and fees, books, supplies and equipment
Contribute up to $2,000 annually per child, depending on MAGI
Open and contribute to your child or family member until they reach the age of 18.
Your contributions to a Coverdell ESA grow tax-free, and withdrawals for qualified education expenses are also tax-free.

Building a secure future starts with saving today!

Coverdell Education Savings Accounts (ESAs) at CorePlus Credit Union

A Coverdell ESA is a tax-advantaged education savings account that can be used to pay for qualified education expenses, such as tuition, fees, books, and supplies, for elementary, secondary, and college education. Coverdell ESAs are a great way to save for your child’s education and help them reach their full potential.

How to Open a Coverdell ESA Account with CorePlus Credit Union:

To open a Coverdell ESA Account with CorePlus Credit Union, simply visit one of our branches or apply online. You’ll need to be at least 18 years old and have a valid Social Security number.

Apply Online

Enter your personal information on our secure website to get started.

Transfer Funds

Easily eTransfer funds to set the opening deposit for your account.

Set a recurring deposit

Determine how much you can set aside each month to save for higher education.

Take Control of Your Financial Future

No matter which type of higher education you choose, the most important thing is to start saving early. The earlier you start saving, the more time your money has to grow. Even if you can only save a small amount each month, it will add up over time.

Coverdell ESA Benefits:

Tax-advantaged savings: Your contributions to a Coverdell ESA grow tax-free, and withdrawals for qualified education expenses are also tax-free.
Flexible contributions: You can contribute up to $2,000 per year to a Coverdell ESA for each beneficiary, regardless of your income level.
Easy to open and manage: Coverdell ESAs are easy to open and manage, and there are many different types of Coverdell ESAs available to choose from.

Open a Coverdell ESA Account from CorePlus Credit Union

Open My Coverdell ESA Account