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To whom do you go if you want to enroll in a coverdell educational savings accounts

2 Answers

1 vote
the bank and ask for the saving and cheaking account

User Joshp
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Answer: In order to open the enroll you go to the bank and tell them that you want to open the Coverdell educational savings account

Coverdell is a savings account that a person sets up for a designated beneficiary (it can be anyone under the age of 18 or someone with special needs) that is going to receive the right through the savings account to later pay for qualified education expenses (the education expenses can be things like tuition, books, fees etc.). This account is not tax deductible and the earnings grow tax free.

User IWI
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