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Manasquan Bank

Coverdell Education Savings Account

Spend Smart by Saving Smart

Education is one of our community’s shared values. It’s also one of the first big investments many people make—and sometimes, it’s also one of the largest.

Please consult your tax and/or financial advisor for information and advice specific to your individual circumstances.

You can make a smart decision about your financial planning for future educational costs with the Coverdell Educational Savings Account, which offers tax-deferred earnings and tax-free distributions.

Education is one of our community’s shared values. It’s also one of the first big investments many people make—and sometimes, it’s also one of the largest.

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Benefits & Features

With this specialized account, your benefits include:
  • Tax-deferred earnings
  • Tax-free distributions
  • Ability to withdraw funds for K-12, in addition to college, university, or trade school

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