Education Savings Accounts

Saving for your children's education requires a long-term plan. And, like saving for retirement, the earlier you start your plan the better. Luckily, Suncoast offers Coverdell Education Savings Accounts (ESAs) and Coverdell Education Savings Share Certificates to make the expense more manageable.


Save for Your Child's Education 

Help pay for your child’s education by contributing up to $2,000 a year towards an ESA where your child is the beneficiary until they're 18. And while contributions aren’t tax-deductible, the interest they earn is tax free if they're used to pay eligible education expenses.

Education Savings Account Benefits

Education Savings Account FAQ

Open an Education Savings Account

Members: Open an ESA Accounteducation-savings-account-banner
^Consult a tax advisor for further information about your unique situation.