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Pittsburgh Central offers Education IRA Share Certificates with terms from 6 to 60 months
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Invest in an Education IRA with a minimum deposit of $500
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Competitive rates help you achieve your goals
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Individuals can contribute up to a maximum of $2,000 each year for an Coverdell Education IRA opened on each child’s behalf
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Anyone who has income from compensation (or an individual who files jointly with a spouse who earns compensation) can contribute to an Education IRA subject to modified adjusted gross income limits
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Withdrawals (including earnings) are tax-free and penalty-free for qualified higher education expenses
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Funds can be transferred from one child’s account to an account for another child in the family
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Consult your tax advisor for details on Education IRAs
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Accounts at Pittsburgh Central FCU are federally insured by the National Credit Union Administration (NCUA) up to $250,000.
