Coverdell Education Savings Accounts (ESAs)

Paying for your child’s education is a major financial investment. Luckily, Suncoast offers a Coverdell Education Savings Account (ESA) to make the expense more manageable.

Select a Service:

  • student with backpack and notebooks looking at his cellphone

    Education Savings

    ESAs help you save along the way for your child’s education. You can contribute up to $2,000 a year towards an ESA where your child is the beneficiary up until he or she is 18. And while contributions aren’t tax-deductible, the interest they earn is tax free if they are used to pay eligible education expenses. 

    It’s important to consult with a tax professional to ensure receiving the best possible tax benefits.

retire

Retirement Savings

retire

Suncoast offers the advice and resources you need to be successful in financial planning throughout your life.