Introduction
College should be a time for learning new things, making new friends, and having new experiences—not worrying about student debt. By saving now, you’ll be able to better manage future expenses. And instead of stressing about loans, you can invest that time in studying. Right, mom and dad?
Education Savings Account (ESA)
An Education Savings Account (ESA) is a tax-deferred account that allows tax-free withdrawals of funds used for qualified educational expenses.
Key features:
Tax-deferred account*
(Meaning your money grows tax-free.)
Tax-free withdrawals for qualified educational expenses
Disclosures:
* We do not provide legal or tax advice. Please consult your legal and/or tax advisor.
Downloads:
Freshman questions, Senior answers.
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