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Coverdell Education Savings

Give your child a head start

Invest in assets your way to help pay for education expenses.

IRA Financial App

2 Great Self-Directed Solutions

Self-Directed IRA Checkbook Controlled (LLC)

Checkbook Controlled (LLC)

A special purpose limited liability company (LLC) is established. As manager, make alternative investments on behalf of your Coverdell through a local bank. Learn more

Self-Directed IRA Custodian Controlled

Custodian Controlled

Invest in alternative assets, such as real estate, with your Coverdell. Diversify your retirement portfolio and invest in assets you know and trust. Learn more

  • Contribute Up to $2,000 Per Beneficiary
    Income must be $110,000 or less for individuals or $220,000 or less for couples filing jointly. Corporations and trusts may contribute without income restrictions.
  • Take Tax-Free Distributions
    Distributions are not taxed if they are less than the cost of qualified education expenses.
  • Self-Direct Your ESA
    With checkbook control, invest in alternative assets without a custodian.
  • Get Educational Expenses Covered
    May include tuition, fees, books and other supplies, tutoring services, internet access, and much more.

Solo 401(k) Plan

The Coverdell ESA

An ESA is a federally sponsored, tax-advantaged trust or custodial account set up to pay for qualified education expenses.

Do everything on our app

Open Account icon

1. Open an account

Sign up in minutes with our app and open a self-directed account or call us at 800-472-1043.

Roll Over Funds incon

2. Roll over funds

Perform a no-hassle and tax-free transfer or rollover of your retirement funds.

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3. Invest

Invest in alternative assets like real estate and much more on your own.

We want to work with you

Individual, institution, or advisor—we’ll handle all your IRA or 401(k) alternative asset custody needs.

We Handle Everything

We open your self-directed bank account, handle all IRS reporting, and offer annual IRS compliance services.

Simple Pricing

Our self-directed plans have no account value fees, account management fees, or minimum balance requirement.

For Institutions & Advisors

Gain online access to client accounts and generate fees from your clients’ investments in alternative assets.

Coverdell ESA Info Kit Cover

Download our info kit for more in-depth reading about the Coverdell ESA

Robust, easy to read, and updated for 2022. This guide is your one-stop shop for all the most important questions about the Coverdell ESA.

    Our fees

    Our fees are simple and transparent.

    What you can invest in

    With a Self-Directed Coverdell ESA, you can make almost any type of investment and generate tax-free gains.

    IRA Financial App

    Open your account in minutes

    Or get a free consultation

    Contact IRA Financial at 1-800-472-1043 or fill out the form to learn more about opening a Self-Directed ESA.

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