With college tuition consistently on the rise, parents need all the help they can get! A Coverdell Education Savings Account will allow you to save for a child’s education with some important tax advantages. Contributions are non-deductible, earnings are tax-deferred and distributions are tax free if used to pay for the account beneficiary’s qualified expenses for costs of kindergarten through 12th grade, college or trade school.
Ready to Open an Account?
Visit your local branch and a Manasquan Bank team member will get you set up.