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Stock impact report

Coverdell Education Savings Accounts: Your 2024 guide [Yahoo! Finance]

Arthur J. Gallagher & Co. (AJG) 
Last arthur j. gallagher & co. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.ajg.com/investor-overview
Company Research Source: Yahoo! Finance
In general, Coverdell ESAs allow you to add $2,000 per year until your child is 18 — subject to income caps. The main benefits for a Coverdell ESA include tax deferment, wider education uses than a 529, the ability for investments to grow and increased educational use options. Saving for education can be a major stress point in your life. But a Coverdell account can help. A Coverdell education savings account is a custodial account designed to help someone save and pay for qualifying education expenses for dependents. While Coverdell ESAs are similar to a 529 plan, there are also some differences in how they can help you save for your child's college education . In general, these accounts are good for savers who are looking to save about a couple of grand per year and want more flexibility with the account. If you're planning to save for college and want to use a Coverdell ESA, make sure you know all the rules before setting one up. How does a Coverdell education savings ac Show less Read more
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