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Coverdell Education Savings Accounts

With education costs skyrocketing, we all could use some help with planning for our children’s future schooling. Whether it’s primary or secondary education expenses, SFPCU’s Coverdell Education Savings Accounts allow you to contribute money regularly while earning tax-deferred interest.

Create a savings strategy with the Coverdell ESA, and your family will reap the benefits in the future.

Invest Now

Features & Benefits

  • Distributions are tax-free if used for qualifying educational expenses, which include elementary and secondary education
  • Contributions are not tax-deductible
  • Read more about SFPCU’s Coverdell ESAs

Eligibility Requirements

You can contribute the full amount if you are a single filer with a modified adjusted gross income (MAGI) of $95,000 or less, or a joint filer with a MAGI of $190,000 or less. Please note, consult with your tax advisor to discuss your individual situation.

Invest in your child’s education with a Coverdell ESA by calling us at 800.222.1391 or visiting one of our convenient branches

  • Accessibility
  • Federally insured by the National Credit Union Administration
  • Equal Housing Opportunity
  • NMLS ID# 409710

APR = "Annual Percentage Rate". Actual APR is based on your credit profile and may be higher than the lowest rate available. Posted rates may include promotional discounts and other terms and conditions. APY = "Annual Percentage Yield". Rates are subject to change without notice.

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