With school letting out you might be focused on summer plans for your children (or grandchildren). But the end of the school year is also a good time to think about CoverdellEducationSavingsAccounts ...
... and estate taxes are a concern, make annual exclusion gifts up to $15,000 per recipient. If you have a CoverdellEducationSavings Account, contribute the maximum amount you’re allowed. Contribute to ...
... accounts, such as 529 plans or CoverdellEducationSavings Accounts. Credits Two credits are available for higher education expenses: The American Opportunity credit — up to $2,500 per year per ...