Ask Terry Questions Coverdell ESA vs 529

Coverdell ESA vs 529

By Terry Savage on May 16, 2025 | College Savings / Student Loans

I am retired and have four grandchildren 5yo and under. I would like to put a small amount of money in an educational account for each of them every month.
I have heard you speak very positively about 529 Plans. But, what are your thoughts about Coverdell ESA’s?
Do they have any downsides?
Thank you.

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