Can be used for any qualified education purposes – including elementary, secondary, and higher education purposes. Contributions to a Coverdell must stop on the beneficiary’s 18th birthday, and assets must be used or distributed to him/her by age 30. These accounts are funded with after-tax dollars, like in a 529 plan.
CFP® certification is a voluntary certification granted in the United States by Certified Financial Planner Board of Standards, Inc. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Individuals who become certified are required to complete continuing education.