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What is an education savings account (ESA)?

With an Education Savings Account (ESA), you can invest in the future of a child — tax-deferred and federal tax-free for qualified distributions for elementary, secondary and higher education expenses. Tax-deferred account with the potential for federal income tax-free distributions if used for qualified education expenses.

How do I apply for an education savings account?

Or, Call 1-866-243-0931 to apply by phone. 1. An Education Savings Account may continue to receive contributions for a special needs beneficiary after attaining age 18 and may remain in the account after age 30. Source: IRS.gov publication 970 Wells Fargo and Company and its Affiliates do not provide tax or legal advice.

Can an education savings account supplement a 529 college savings plan?

An Education Savings Account can supplement a 529 College Savings Plan and help you pay for education expenses from kindergarten through college.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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