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Coverdell Education Savings Accounts

The Coverdell Education Savings Accounts sole purpose is to help pay for a child's higher education. All contributions are made with after tax dollars, but withdrawals are tax and penalty free for qualified expenses (e.g. tuition, fees, books, supplies, and certain room and board costs).

 

For more information about our IRA’s, contact our Member Services Department at (800) 292-2905 or (502) 368-5858. Or, email us at ira@lnfcu.com.

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Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.
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