Sentences with phrase «earned at any eligible institution»
This is in contrast to a 529 savings plan, which allows you to use the money you've earned at any eligible institution.
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ESA contributions are not tax - deductible, but they may earn interest tax - deferred until distributed, and the child will not owe tax on any distribution from the account if it is equal to or less than the child's qualified education expenses at an eligible educational institution for the year.