Coverdell Education Savings Account (ESA)

Coverdell Education Savings Account (ESA),

Definition of Coverdell Education Savings Account (ESA):

  1. A simple definition of Coverdell Education Savings Account (ESA) is: Accounts designated by the Internal Revenue Code as an incentive to help taxpayers save on education, a taxpayer can deposit up to $ 2000 per year for each student under the age of 18. These reserves are not tax deductible, but interest is tax free. Students will not be taxed on the distribution of funds, provided the amount distributed does not exceed the cost of training eligible students.

  2. Tax-deductible savings account that contains funds for educational expenses. Reputation, interest and returns are not usually taxed.

Literal Meanings of Coverdell Education Savings Account (ESA)

Education:

Meanings of Education:
  1. The formal process of obtaining or providing education, especially in school or university

  2. Teaching theory and practice.

  3. Different skills acquired during training.

  4. Information or training on a specific area or topic.

  5. Full experience

Sentences of Education
  1. But the local school board hired a lawyer to determine who the right owner was.

  2. We regularly hold workshops for local education authorities in schools.

  3. Its functions include overseeing the employment of local education authorities, teacher training institutes and youth.

  4. All three academies also have the support of local education authorities.

  5. In the public school system, schooling is compulsory between the ages of six and sixteen.

  6. In their home country, they receive discounted tuition at public universities.

  7. An important part of the mission of many community colleges is development education.

  8. The modular format can combine theory and practice between education and professional skills.

Synonyms of Education

refinement, andragogy, training, coaching, guidance, preparation, erudition, wisdom, awareness, tuition, inculcation, indoctrination, information, drilling, edification, improvement, literacy, education, insight, knowledge, tutoring, development, bettering, learning, schooling, scholarship, tutelage, culture, instruction, teaching

Account:

Meanings of Account:
  1. Interpretation or interpretation of a musical piece.

  2. A record or report of financial income and expenditure relates to a specific period or purpose.

  3. The department of the company that manages the financial accounts.

  4. An arrangement in which an organization raises funds on behalf of a user or provides goods or services to a customer on credit.

  5. Users with provider accounts

  6. A contract to work regularly for a client.

  7. An agreement that gives a user personal access to a computer, website, or application by entering their personal username and password.

  8. See or see yourself in a certain way.

Sentences of Account
  1. As you have said, the story is a true representation of what happened in the conference room that night.

  2. Based on eyewitness testimony, the report details how Pashtun villages were attacked after being disarmed by local militia commanders.

  3. Most reports describe real events, usually accidental deaths, but not always.

  4. The doctor then reports on Friedman's post-nursing experiences.

  5. There, anyone accessing online can post and read news and personal reports about events such as protests, and thus benefit from the media in new ways.

  6. There are some very detailed press reports of a program that only those directly involved can see, and none of them speak in public.

  7. So he begins his story with a detailed description of the appropriate behavior of a collector who communicates directly with people.

  8. Colin gave his girlfriend and neighbors a full account of the trial and the events that led to the murder.

  9. Even if somewhat distorted or adapted, they are still a record of living events and, as such, a valuable resource for historians.

  10. Ethics and morals contain statements of moral conduct. They do not intend to represent historical practice.

Synonyms of Account

recital, view as, mark, judge, reckon, prominence, singing, look on as, think of as, rendering, execution, consequence, sketch, financial statement, note, commitment, seriousness, communiqué, take for, covenant, substance, playing, balance sheet, reading, hold to be, concern, weight, weightiness, settlement

ESA:

Meanings of ESA:
  1. European Space Agency