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Coverdell Education Savings Account

Start saving now for a child's education with an America First Coverdell Education Savings Account (CESA).

  • Deposit up to $2000 per year for each child under 18
  • Withdraw money without penalty as long as it is used for higher education
  • Qualified withdrawals are tax-free since deposits are made after taxes
  • Money must be withdrawn by the time the child reaches age 30 (late withdrawal penalty may apply)
  • Open a CESA Certificate with a $500 minimum deposit
  • Open a CESA Accumulator with no minimum deposit required
  • Open a CESA Dedicated Savings Account, with no minimum deposit and a minimum automatic transfer of $10.00 per month.

Visit a local branch to Open a Coverdell Education Savings Account today!
· Penalties may apply for early withdrawal.