Most people are unaware that there is a saving option for private primary and secondary educational expenses. Private schools are not inexpensive and the Coverdell Education Savings Account (ESA) is your best choice for private primary and secondary schools. Its earnings are tax-deferred and tax-free when distributions are used to pay for Qualified Educational Expenses (QEEs).
History of Coverdell Accounts
Created in 1997 and originally known as . . .
If you’re feeling uneasy about the stock market lately; that’s quite normal. The recent performance of the financial markets has been… how do I say this… crappy? Since last summer we have witnessed stocks go down almost 1,000 points in one day. Asian markets have taken a beating. Oil has fallen to $28 barrel. Currently, with the Dow Jones Average is 13% off its high of 18,312 last summer.
Here is the simple version of what you need to know: Don’t sell. . . .