Tax Advantages
Earnings (Dividends) are tax-free if they are used to pay for educational expenses.
Education Accounts
Better rates on higher education
Our Coverdell Education accounts can help you save for your family's future education costs, whether that's for two years, four years, or more!
Low Initial Deposit
With minimum balances starting at $500, you can begin earning a higher rate sooner.
Education Account Rates
| Product | Minimum Balance | Dividend Rate | Annual Percentage Yield |
|---|---|---|---|
| IRA Savings Account | No Minimum Balance | 0.03% | 0.03% |
| 90 Days Fixed | Over $500 | 1.00% | 1.00% |
| 6 Month Fixed | Over $500 | 3.00% | 3.04% |
| 9 Month Fixed | Over $500 | 4.25% | 4.33% |
| 12 Month Fixed | Over $500 | 4.25% | 4.33% |
| 15 Month Fixed | Over $500 | 4.25% | 4.33% |
| 18 Month Fixed | Over $500 | 3.00% | 3.04% |
| 22 Month Fixed | Over $500 | 3.00% | 3.04% |
| 24 Month Fixed | Over $500 | 2.75% | 2.78% |
| 29 Month Fixed | Over $500 | 2.75% | 2.78% |
| 36 Month Fixed | Over $500 | 3.00% | 3.04% |
| 48 Month Fixed | Over $500 | 3.00% | 3.04% |
| 60 Month Fixed | Over $500 | 3.00% | 3.04% |
| Rates subject to change at any time. Rates effective as of May 18, 2023. |
Prepare for College!
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For disclosures and additional details, visit here.
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