Enjoy the tax advantages of a Coverdell Education Savings for your child's education expenses.
An Education Savings Account is a personal savings plan that can possibly provide tax advantages for future education expenses.
Paying for tuition is a done deal, thanks to our Coverdell Education Savings Account. Either you or your parents can deposit up to $2,000 each year until you’re 18 years old. Start earning dividends with as little as $50.1 Plus, add to it anytime.
You can also choose to open a Coverdell ESA Certificate with a minimum of $1,000,1 and earn a competitive fixed rate for the term of the certificate. Even select the maturity date anytime between three months to five years.
Money can be used tax-free for qualified education expenses, including tuition, uniforms, books, academic tutoring, computers and more.
Account is transferable to other family members under the age of 30.
Learn more about Primary Savings accounts with California Coast Credit Union. Contact us today to get started.
A Money Market Savings account is perfect for those looking for easy access to their funds and higher dividend rates.
APY = Annual Percentage Yield. Rates are accurate as of 07/02/2022. Rates and terms are subject to change without notice. Visit calcoastcu.org or visit one of our branch locations for details on rates, fees, and minimum balance requirements. Membership and credit subject to approval. Serving everyone who lives or works in San Diego or Riverside counties. A one-time $5 membership fee and savings account required. Restrictions apply.
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