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MFS COVERALL EDUCATION SAVINGS ACCOUNT Disclosure statement and trust agreement MFS COVERALL EDUCATION SAVINGS ACCOUNT DISCLOSURE STATEMENT (An Education Savings Account described in Internal Revenue
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MFS Coverdell Education is a tax-advantaged savings account designed to help families save for education expenses.
Any individual or family who wants to save for education expenses can choose to open and contribute to a MFS Coverdell Education account.
To fill out a MFS Coverdell Education account, you will need to provide personal information, details of contributions made, and information on how the funds are being used for education expenses.
The purpose of MFS Coverdell Education is to provide a tax-advantaged way for families to save for education expenses, such as tuition, books, and other related costs.
Information such as contributions made to the account, withdrawals made for education expenses, and any earnings or losses on investments must be reported on a MFS Coverdell Education account.
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