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Articles tagged with: esa ira sunset

Coverdell Fade-Out: How this affects your plans for college savings

As a little reported part of the recently passed tax bill, the Coverdell Education IRA will undergo some rather major changes: 1. The annual contribution is expected to drop from $2000 per year to $500 per year, and 2. The savings will no longer be able to be spent on anything other than college; presently, […]