Review Of Coverdell Savings Account References. 310, coverdell education savings accounts. It works like any other investment account with an owner.
The account must be started before the child beneficiary. A coverdell education savings account (coverdell esa) is a trust or custodial account set up in the united states solely for paying qualified education expenses for the designated beneficiary of the account. Coverdell education savings accounts can provide more flexible investing options compared to 529 college savings plans.
