I have a small business (C corp) and noticed that corporations can contribute to an Coverdell ESA account with no income limit. Can I create an ESA account for a child and fund it 100% from corporate ...
I was recently introduced to ESAs (did not know they even existed), and am trying to decide if I want to open an ESA or a 529 account. I was attracted to the ESA initially because it looks like you ...
My son is, naturally, claimed as a dependent on my tax returns. My question is: Can my sister open a Coverdell Education Savings Account (an education IRA) for my son (her nephew)? I am aware that ...
Can I convert my 529 college savings plan to a Coverdell ESA, or am I stuck with my 529 plan?
I have roughly 10 years until my kids go to college. How should I save for them if I have a lump sum of money (say $10K for discussion). I ask because I've heard good things about an ESA (I think ...
If I am custodian for an Education IRA (Coverdell Education Savings Account). What happens when the child turns 18 (age of majority)? Do they get control or does it remain with the custodian? My ...