Coverdell ESA vs 529
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.
Terry Says
I much prefer a 529 plan. REad this: https://www.terrysavage.com/the-gift-of-college-529-plans/