College Savings Esa
June 16th, 2007
Question: I want to start saving for an infant’s college would a Coverdell ESA or 529 Savings plan be a better deal?
I live in the state of Illinois and plan on living their till my child goes to college!
Answer: I just finished investigating the same thing for my niece 3 weeks ago. I believe the Coverdell ESA is a better savings plan, but call your bank or a local bank and find out the interest on the Coverdell. I’m in NJ so your interest may me better or possibly worse off. Good Luck. Good idea.
Saving For College
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Posted in College Savings Plans | 
Tags: 529, college, college savings esa, coverdell, education, finance