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Sit Coverdell ESA Withdrawal Authorization Form
Description of Form
The Sit Coverdell ESA Withdrawal Authorization Form can be used to withdraw money from a Sit Coverdell Education Savings Account.
Who Uses This Form?
Withdrawals can be made by:
- The responsible individual listed on the account
- The beneficiary of the account if he/she has reached the age of majority (generally 21)
Other Information
Withdrawals from a Sit Coverdell Education Savings Account are tax-free if used for qualified elementary, secondary or post-secondary education expenses. See IRS publication 970 at www.irs.gov for more details.
Sit Coverdell ESA Withdrawal Authorization Form