Home > College Planning Whether your child is on the way or about to graduate high school, First American Funds offers a choice of solutions to help you pay for college. The First American Funds Coverdell Education Savings Account Our Coverdell Education Savings Account allows you to contribute up to $2000 a year and grow your assets tax-free. You may withdraw money to pay qualified higher-education expenses without incurring any taxes or penalty fees. Consult a financial professional. For more information about college planning, make an appointment with a financial professional today.

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