What do to with Coverdell ESA on FASFA?

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goldenBorder
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Joined: Mon Feb 06, 2017 10:46 pm

What do to with Coverdell ESA on FASFA?

Post by goldenBorder » Wed Nov 22, 2017 4:15 pm

We are going to be filling out the FASFA next year and we have some Coverdell savings accounts. Would transferring those Coverdell accounts to a younger sibling help reduce the expected contribution for the student? If not, can I transfer the Coverdell to a Missouri 529 account and take a state tax deduction?

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