Category Archives: College
You Have 67 Days To Open A Roth IRA, Traditional IRA, Or ESA For 2007
Just a quick reminder – If you want to make contributions to a Roth IRA, a Traditional IRA, or a Coverdell ESA for 2007, you need to make them before April 15th. If you haven’t opened an account, and you want contributions to count for 2007, you have until April 15th to open the account [...]
I Forgot To Register My New Debit Card To My Upromise Account!
I recently opened a new checking account. I have a new debit card, associated with the checking account. I’ve been using the debit card for a couple of months, mainly for smaller purchases like gas and food. Well, I logged in to my Upromise account today – and I realized that I had forgotten to [...]
Opening A Coverdell Education Savings Account For My Child (Coverdell ESA)
I just downloaded the forms for opening a Coverdell Education Savings Account for my son. I opened an ESA for my daughter a few years ago, when she was four. My son will be four in a few days, and I am ready to begin funding an ESA for him. Contributions to a Coverdell ESA [...]
Saving For College – What Is An ESA – Coverdell Education Savings Account – Education IRA
I have opened two ESAs, one for my daughter and one for my son. An ESA – Education Savings Account – is an account created as an incentive to help parents and students save for education expenses. (See IRS Pub 2007 -59) Overview of the account – The annual contribution limit per beneficiary (student) is [...]
