Common Contracts
2 similar Custodial Agreement contracts
Disclosure Statement Custodial AgreementCustodial Agreement • June 15th, 2016
This Disclosure Statement contains information about an Education Savings Custodial Account with State Street Bank and Trust Company as Custodian. An Education Savings Account provides several tax benefits. While contributions to an Education Savings Account are not deductible to the contributor, dividends on and growth of the assets held in the Education Savings Account are not subject to federal income tax. Withdrawals from an Education Savings Account are excluded from income for federal income tax purposes if used for qualified education expenses (described below). State income tax treatment of the Student’s Education Savings Account may differ from federal treatment; ask the Student’s state tax department or their personal tax advisor for details.
Coverdell Education Savings Account Custodial AgreementCustodial Agreement • June 4th, 2014
Articles I – IX are in the form promulgated by the Internal Revenue Service in Form 5305-EA (Revised October 2010). References are to sections of the Internal Revenue Code of 1986, as amended (“Code”).
