COVERDELL EDUCATION SAVINGS ACCOUNT (ESA)
Know what’s smart? Planning ahead for educational costs. An MCCU Educational Savings Account can help you save with savvy.
- Pays for qualified higher education expenses of the beneficiary.
- A great tool for parents, grandparents, or anyone with a special child in their life.
- Contributions are not tax-deductible. Earnings on contributions are tax-deferred until distribution.
- Unused funds may be transferred to another child of the family, providing planholder flexibility.
Have questions? We're here to help!
Click here to schedule an appointment, call us at: 218-625-8500 or use our convenient video banking service to open an account.
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