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IRAs FAQs: Coverdell ESA

Coverdell's sole purpose is to help you pay for your child’s education expenses, such as tuition, fees, books, supplies, equipment, and in some cases, room and board and computers

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IRAs FAQs: Traditional IRA

A traditional IRA is a type of retirement plan that has been in existence since 1975. Traditional IRAs offer tax-deferred earnings and the possibility for tax-deductible contributions.

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Teach Children About Money

Teaching basic money management skills to children is critical. Teens spend more than $170 billion a year, according to Teenage Research Unlimited, yet fewer than half know the basics about credit, checking, savings accounts, or auto insurance.