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FRANKLIN TEMPLETON COVERALL EDUCATION SAVINGS ACCOUNT DISTRIBUTION REQUEST ACCOUNT INFORMATION (Please Print) Check here if new address * s Name of Beneficiary: Soc. Sec. #:
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Franklin Templeton Coverdell Education is a type of education savings account that allows individuals to contribute funds for qualified education expenses, such as tuition, books, and supplies.
Any individual or legal guardian of a child under the age of 18 can contribute to a Franklin Templeton Coverdell Education account on behalf of the designated beneficiary.
To fill out a Franklin Templeton Coverdell Education account, you will need to provide personal information for the account holder and designated beneficiary, as well as make contributions using the provided instructions and forms.
The purpose of Franklin Templeton Coverdell Education is to provide a tax-advantaged savings vehicle for education expenses, allowing individuals to save and invest funds for a child's education.
On a Franklin Templeton Coverdell Education account, you must report the account holder's personal information, including their name, Social Security number, and address. You also need to report the designated beneficiary's information and keep track of contributions and withdrawals for tax purposes.
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