Coverdell Education Savings Account

Coverdell Education Savings Account,

What is The Definition of Coverdell Education Savings Account?

  • Coverdell Education Savings Account means, With Cordell ESA, you can deposit up to $ 2000 a year in a special account used to pay students' school bills. There are no tax deductions, but withdrawals, including income savings, are tax-free if the money is used for eligible expenses. $ The 2000 limit is the amount of money that can be allocated to each student each year, regardless of the number of partners. ESA funds can be used not only for tuition, but also for elementary and high school bills. Computer fees are also eligible.

Literal Meanings of Coverdell Education Savings Account


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, school attendance is mandatory between the ages of six and sixteen.

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

Synonyms of Education

learning, cultivation, knowledge, wisdom, instruction, edification, training, enlightenment, awareness, literacy, information, indoctrination, pedagogy, refinement, tutelage, erudition, coaching, tuition, teaching, tutoring