Educational Savings Account (ESA)
A savings account to help you pay for your child’s education
Contributions are not tax-deductible, but you can withdraw money tax free for educational expenses.
Watch your money grow up too
- Contribute up to $2,000 a year for each child
- Dividends grow tax-deferred on entire balance*
- Contribute until child is 18 and anyone meeting income requirements can contribute
- For qualified elementary, secondary, and post-secondary education expenses
Visit your local branch or call us at 801-481-8800 to get started.
*Members should seek the services of a tax professional regarding their specific tax situation.
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