Coverdell IRA for 2013
Good Morning
Was the Coverdell ESA limits, rules, etc. extendend for 2013 and beyond? I can’t seem to find anything one way or the other
Thank you!
Good Morning
Was the Coverdell ESA limits, rules, etc. extendend for 2013 and beyond? I can’t seem to find anything one way or the other
Thank you!
Permalink Submitted by Alan - IRA critic on Wed, 2013-01-02 23:04
Yes, the Act made the Coverdell permanent, ie 2,000 max contribution and other broadened provisions that have applied in recent years. Note that “permanent” means it has no expiration date and instead will be law until Congress decides to end the “permanency”.