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
|Minimum Daily Balance||Dividend Rate||Annual Percentage Yield|
Effective Date: January 1, 2020. Last Dividend Declaration Date: December 31, 2019.
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.