Mutual Funds
An Education Savings Plan for Parents

Coverdell ESA (Education Savings Account) with State Farm Mutual Funds®

Contribute up to $2,000 per year/per child in a Coverdell Education Savings Account through State Farm™ and the money grows tax free until withdrawn for eligible grade school, high school or college expenses.

Fast Fact

You can use a Coverdell Education Savings Account to pay qualifying education expenses – including room and board, supplies and even uniforms – for grades K-12, as well as vocational school, college, and graduate school.

Take a closer look at Coverdell Education Savings Accounts.

To review the other education savings plans we offer, check out the comparison chart on our Education Savings Plan page.

Remember, State Farm is always there to work with you, helping you tailor the plan that feels right for your family.

Fund Your Coverdell Education Savings Account with State Farm Mutual Funds

State Farm Mutual Funds are professionally managed. Our investment team is dedicated to making each of our mutual funds a long-term investment. This may be an important consideration when you consider the impact rising tuition costs and inflation could have on the money you set aside for college.

Learn which funds may be right for you with our interactive Mutual Funds Selection Tool.

Mutual Funds Risk Disclosures

Investing involves risk, including potential for loss.

Neither State Farm nor its agents provide tax or legal advice.