🎓 Coverdell ESA: How This Education Savings Account Works in 2026
🎓 Coverdell ESA: How This Education Savings Account Works in 2026 _____________________________________________________________________ When families think about saving for education, 529 Plans usually get most of the attention. But they're not the only option. A Coverdell Education Savings Account (ESA) is another tax-advantaged way to save for education expenses. While the annual contribution limit is much lower than a 529 Plan, Coverdell ESAs offer flexibility that can make them an excellent choice for some families. If you're looking for a way to save for K-12 or higher education expenses, understanding how a Coverdell ESA works can help you decide whether it's the right fit for your education savings goals. _____________________________________________________________________ 📘 What Is a Coverdell ESA? A Coverdell Education Savings Account (ESA) is a tax-advantaged savings account designed to help pay for qualified education expenses. Money contri...