Invest in Your Child’s Future with JHFCU Education Savings Accounts
Planning for your child’s education? JHFCU offers flexible options tailored to your needs. Take advantage of our Education Savings Account, designed for tax-advantaged saving towards education expenses.
The Education Savings Account allows you to save for your child’s education—whether for elementary, secondary, or college tuition—without the constraints of a Coverdell. With rising educational costs, there’s no better time to start planning. Our Education Savings Account offers 3- and 5-year terms with dividends, requiring just a low $100 minimum deposit. Plus, you can make unlimited deposits at any time to keep building your savings.
Please note: Early withdrawals during the initial term incur a penalty. Once the term ends, you may make one penalty-free withdrawal per quarter.