Start saving for college (and even K-12 expenses) to take advantage of tax savings, and feel secure knowing you’re prepared. Plus, since both 529 and Coverdell plans allow you to change your beneficiary, you’ll have flexibility to provide for children’s different needs with the convenience of one account.
Compare Educational Savings Accounts
- Accessible for in and out of state K-12 tuition and college
- Custodian-owned for financial aid purposes
- Invest in state-created age-based securities portfolios
- No yearly contribution limits
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Federal: No
Tax Deductible Contributions
State: Varies by state -
No
Income Limits
- Accessible for K-12 expenses, including special education and college tuition
- Select from a wide range of securities
- Student-owned for financial aid purposes
- $2,000 per child yearly contribution limit
-
Federal: No
Tax Deductible Contributions
State: No -
Yes
Income Limits
Investment products are offered through Key Investment Services LLC (KIS), member FINRA/SIPC. and SEC-registered investment advisor. Insurance products are offered through KeyCorp Insurance Agency USA, Inc. (KIA). KIS and KIA are non-bank affiliates of KeyBank National Association (KeyBank).
To learn more about KIS’s investment business, as well as our relationship with you, please review our KIS Disclosure page.
Check the background of KIS on FINRA's BrokerCheck.
Non-Deposit products are:
NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL OR STATE GOVERNMENT AGENCY
KIS, KIA and KeyBank are separate entities, and when you buy or sell securities and insurance products you are doing business with KIS and/or KIA, and not KeyBank.
Services provided by KeyBank, KIS and/or KIA should not be used in substitution for independent and personal tax advice. KeyBank, KIS and/or KIA do not provide legal advice. Individuals should consult their personal tax and/or legal advisor concerning their particular situation.