Coverdell Benefits
An Education Savings Account through us means you get to choose how your funds are invested.
- Up to $2,000 annually
- Contributions accepted up to age 18
- Tax free growth/withdrawal for education expenses
- Can be used for expenses from K-12/College
- Anyone can make contributions to the account
- Held in guardian’s name
![Young Asian woman smiles happily at her laptop while sitting at home on her couch.](https://yefcu.org/wp-content/uploads/2024/04/Education-Savings-Contact-Block-640x427.jpg)
Get your loan questions answered personally.
Prepare for your child’s future education with no hassle by creating a YEFCU Coverdell account today. For questions and consultation, schedule an appointment to meet with a YEFCU loan officer or visit our branch location to explore your options.