Education Planning
Plan for the future and enjoy tax-free withdrawals for a child’s education expenses with Marblehead Bank.
Tuck away funds toward a child’s education with the Coverdell Educational Savings Account (CESA).
Features & Benefits:
- Nondeductible account
- Tax-free withdrawals for the beneficiary’s education expenses
- Higher education distributions free from IRS penalties and federal income tax
- Easy to open at any Marblehead Bank branch
Put education planning for a future college student within reach.
To learn more about the Coverdell Education Savings Account, speak with a Marblehead Bank Customer Services Representative.
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