Form 5305-EA Education Individual Retirement Custodial Account {5305-EA}

Form 5305-EA (Rev. October 2016), Coverdell Education Savings Custodial Account (Under section 530 of the Internal Revenue Code), this form is a model custodial 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 depositor and the custodian. 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