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coverdell education savings account
A Coverdell Education Savings Account (ESA) is a special trust account created by the US government to assist families in funding educational expenses.
Coverdell Education Savings
Start saving for a college education now
United can help you save for your child’s elementary, high school, or college education. The best part is we’ll save you some money along the way.
How, you ask? These non-deductible accounts let you take money out for school supplies, tuition, and other education expenses tax-free! Pretty awesome if you ask us.
Member Perks
- Non-deductible contributions (up to $2,000 per year)
- IRS penalty-free, tax-free withdrawals
- No minimum to open
- Use for tuition, books, computer, housing, etc.
Just so you know, there are some income requirements to qualify for this account—but if you reach out to us, we’ll see if it’s right for you.
Call our Member Service Center at (888) 982-1400 , visit a branch, or click the link below to chat with one of our team members now!