Coverdell Education Savings Accounts
Discover a tax-free way to save for education...
- Minimum amount to open: $150
- Interest accrues daily and compounds quarterly on collected balances of $150 or more.
- Rate tiers: $150; $2,500; $10,000; $25,000; $50,000; $100,000.
Learn more about CESAs by clicking here to visit the IRS Web site.