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Coverdell Educational Savings Account

Non-deductible account that features tax-free withdrawals for a child’s qualified education expense. Up to $2,000/year can be contributed based on your Modified Adjusted Gross Income and tax filing status.

• No Annual Fees  • Compounds Semiannually  • $100 minimum Deposit  • Variable Rate tied to the First State Bank 36 month Certificate of Deposit Rate  • Adjusted Quarterly on the 15th of January, April, July and October  • FDIC Insured

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