Coverdell Education Savings Accounts

Wolters Kluwer Financial Services offers CESA solutions that allow you to focus on growing your business.

Documents and Forms

To help you address the CESA regulations and comfortably offer the options that consumers want, Wolters Kluwer Financial Services provides documents in a variety of formats, including paper, electronic, and Internet.

CESA Organizers (CUS-ED, IRA-T-ED, IRA-SD-ED, IRA-CU-ED)
CESA Organizers help you save time and money by combining several forms into one easy-to-use document. The CESA Organizer is available for custodial, trust, and self-directed CESAs, and in a credit union-specific version.

The CESA Organizer helps collect necessary information about CESA owners, and supplies the IRS model Form 5305-E or Form 5305-EA to officially establish a CESA. The CESA Organizer includes an application and disclosure statement, and helps you document responsible individual information, beneficiary designations, and accept the initial contribution. CESA responsible individuals can add or change beneficiaries after account establishment using CESA Designation or Change of Death Beneficiary (IRA-CNG-ED).

CESA Booklets (IRABK-C-ED, IRABK-T-ED, IRABK-SD-ED)
The CESA Booklet supplies the IRS model Form 5305-E or Form 5305-EA to officially establish a CESA and includes a disclosure statement. The CESA Booklet is available for custodial, trust, and self-directed CESAs. CESA Booklets are designed for use with the CESA Application (IRA-APP-ED).

CESA Contribution Instructions (IRA-CN-IN-ED)
These instructions provide a convenient way to obtain necessary contribution information, such as owner information, CESA identification, type of CESA contribution, and tax year of the contribution.

CESA Rollover Review (IRA-ROLL-ED)
This review helps a CESA’s responsible individual certify that assets are eligible for rollover. Through a series of simple yes and no questions, this form can help avoid common mistakes that may invalidate a rollover.

Request for Transfer to a CESA (IRA-TRAN-ED)
This request authorizes another custodian/trustee to transfer assets to an established CESA.

CESA Distribution Form (IRA-DIS-ED)
Make documenting distributions simple. This form records the amount withdrawn and the reason for the withdrawal for reporting purposes.

Coverdell Education Savings Account (CESA) Designation of Successor Responsible Individual (IRA-SRI-ED) This form is designed to assist in naming a successor responsible individual.

CESA Amendment (Standard-Custodial, Trust, Self-Directed), (Conversion-Custodial, Trust, Self-Directed)
Standard CESA amendments include the applicable IRS series 5305 form and are used to update CESA owner documentation when there are significant changes to CESA rules and regulations and/or as directed by the IRS. Includes a built-in cover letter explaining the changes to the CESA owner.

Conversion CESA amendments are designed for use when a CESA custodian/trustee changes CESA document providers. Sending a conversion amendment to existing CESA owners will ensure that all accounts are being administered under the same provisions.

If interested in more information on our Coverdell Documents or purchasing, please complete our Request More Information Form or use our IRA Document Order Form.