Coverdell Education Savings Accounts
With college costs rising at a rate of more than double the rate of inflation, it's never too early to start saving for your child's education. That's why Spencer offers Coverdell Education Savings Accounts, which give parents a powerful tool to help them start saving today.
The Spencer Coverdell Education Savings account offers:
• Various investment terms
• Interest is compounded daily and credited monthly
• Contribution limits of $2,000 per child
• There is a $500 minimum deposit required