×
cover-art

Download the App

Free - On the Play Store

×
cover-art

Download the App

Free - On the App Store

Skip nav to main content.
Savings

Education Savings

Coverdell Education Savings Account (CESA)

Help Them Pay for College

Invest in the education of your child or family member. A Coverdell Education Savings Account (CESA) is a tax-advantaged account that can be set up for someone under 18 to help them pay for education-related expenses. While contributions are not tax deductible, the earnings are tax free if used for qualified expenses before the child reaches age 30.

  • Help someone under 18 save for education

  • Earnings are tax free
    (if used for qualifying purposes)

  • Annual contribution limits

Invest in their education.

A CESA can be a great way to save for education expenses.
Talk to us about setting up an account for your child today.

  • *All AmFirst share accounts are federally insured up to $250,000 by the National Credit Union Administration (NCUA).