Series 24: Coverdell Education Savings Account

Taken from our Series 24 Online Guide

Coverdell Education Savings Account

The Coverdell Education Savings Account, also called an Education IRA, is similar to a Roth IRA in that contributions are made with after-tax dollars and all withdrawals can be made tax-free, as long as they are used for qualified educational expenses before the age of 30. Withdrawals can be used to finance any level of education, from the primary and secondary levels through college.

If there is a balance in the account when the beneficiary reaches age 30, a distribution must be made within 30 days to ma

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Coverdell Education Savings Account, you might also be interested in:

Series 53 - Characteristics of the Secondary Market

Series 66 - Exercise

Series 65 - Chapter 9 Practice Question Answers

Series 14 - 8.2.3. Suitability

Series 99 - 1.2.4.3 Additional Broker-Dealer Disclosures

Series 63 - 2.3.1.4. The Registration Process

Series 6 - 4.4. Options

Series 53 - 5.2.3. Nominal Bids

Series 66 - 3.1.4.1 Shareholder Voting Rights

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I originally started studying for the series 24 with Test Teachers... After being frustrated with confusing material, out of date information, contradicting questions/answer/study guides, I bought Solomon's practice exams... After one test, two things became clear: I was grossly unprepared for the exam The material, though difficult, didn't have to be taught in such a confusing manner.I passed the 24 on the fist time because of the quality of the practice exams from Solomon. Thank you! Putting it another way...If you are using anyone else to study, you owe it to yourself and your efforts to buy the practice exams from Solomon to get a true judge of your studying efforts.

Will, Bainbridge Island, WA

I studied for the Series 24 for two and a half months. I thank God for his grace passed on the first attempt. The exam simulator is superb, it's projection of readiness to sit for an exam is spot on. All the feedback I received on how difficult the test was proved to be very helpful. As a result I over studied and followed the recommended study plan step by step which was key. Thanks again Jeremy and team, Solomon exam prep is the best ;)

Nikita Brown, BMI. Atlanta, GA

I used Solomon to study for the 26 and most recently the 24. The material is layered in way that makes it manageable to digest and the instructor response time and explanations are outstanding. I passed both on the first attempt!

Gus Velleco, Allstate, Charleston, SC

3rd time is a charm and it took Solomon to do it. None of the other materials in my first two attempts were strong enough to enable me to reason my way to the correct answers. Solomon's angle on this material was closest to the actual test and was the reason I got there.

As an aside, the ongoing personal help was very surprising and commendable. Thank you, Solomon!

Jason Bowen, Southington, CT

Passed the 24 today ... fun test.. You have a great product. The material was easy to follow and the practice tests were very, very helpful. Thank you.

Danny Klingler, Kestra Financial, Austin, Texas

I watched the videos twice, took notes from them, and took hundreds of practice problems. The test simulator was the best part of the program. I found it helpful that you could go back and look at the questions you missed and use them to help refine what to study. I definitely would recommend the program. Get 85%+ on the practice and you should pass the 24.

Kris Nyden, Seattle, WA