Form 5305-E Education Individual Retirement Trust Account {5305-E}

Form 5305-E (Rev. October 2016), Coverdell Education Savings Trust Account (Under section 530 of the Internal Revenue Code), this form is a model trust account agreement that meets the requirements of section 530(b)(1) and has been pre-approved by the IRS. A Coverdell education savings account (ESA) is established after the form is fully executed by both the grantor and the trustee. This account must be created in the United States for the exclusive purpose of paying the qualified elementary, secondary, and higher education expenses of the designated beneficiary. www.FormsWorkflow.com