coverdell education savings account
Find a BranchGet to the head of the class and start saving for education now
United can help you save for your child’s elementary, high school or college education. The best part is we’ll save you some money along the way.
How you ask? Well, these non-deductible accounts let you take money out for school supplies, tuition and other education expenses tax free! Pretty awesome if you ask us.
Member perks:
- Non-deductible contributions (up to $2,000 per year)
- Penalty free, tax-free withdrawals (Roth IRA is only penalty-free)
- No minimum to open
- Use for tuition, books, computer, housing, etc
- Passbook available
Just so you know, there are some income requirements to qualify for this account, but if you reach out to us, we'll see if it's right for you.