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What Is It?

Coverdell Education Savings Account from Yolo Federal

You want the best for your child. With a Coverdell Education Savings Account, you and your family can make tax-free contributions* to their future. It’s the perfect way to plan ahead.

*Please consult your tax advisor

Why Yolo Federal

Just the right solution

  • Contribute up to $2,000 per year
  • Anyone can deposit money into the account
  • Use for any qualified education expense, not just college
  • Leftover funds can be transferred to another child

Rates & Fees

IRA, ROTH, Coverdell ESA & SEP

Minimum Daily Balance Dividend Rate Annual Percentage Yield
$0 0.03% 0.03%
$100 0.03% 0.03%
$10,000 0.03% 0.03%
$50,000 0.03% 0.03%
$100,000 0.03% 0.03%

Effective Date: December 1, 2017. Last Dividend Declaration Date: November 30, 2017.

Dividends paid from current income and available earnings after required transfer to reserves at the end of the dividend period. Rates are subject to change without notice as determined by the Credit Union’s Board of Directors. Fees could reduce earnings on accounts. Some restrictions may apply.

Savings Calculator

Total Savings