Universal Education Savings Accounts

Universal Education Savings Accounts (UESAs) are government-sponsored programs that allow families to save for their children's education in a dedicated account. Contributions grow tax-free, and funds can be used for qualified educational expenses at approved institutions. UESAs aim to make education more affordable and accessible by encouraging savings and offering financial incentives. They often feature flexible withdrawal options and potential matching contributions or tax benefits, helping families plan and finance their children's educational journey with a structured, secure savings mechanism.