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Broadway Bank Contact Form

Coverdell Education Savings Account

Invest in the future of a child — tax-deferred and federal tax-free for elementary, secondary and higher education expenses

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  • You, your employer, a non-profit corporation or your student make contributions to the CESA
  • Contribution limit $2,000 per year for each student
  • Distributions are generally tax-free, when used for qualified education expenses
  • Eligibility restrictions and contribution age limits apply
  • For detailed information, see IRS Publication 970, Tax Benefits for Education, at

Have a question? We are happy to help.

(210) 283-6500(800) 531-7650
Broadway Bank. We're here for good. Equal Housing Lender. Member FDIC