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My wife and I have been contributing to a Coverdell ESA for our two children since they were born. Still toddlers, we recently tipped out of the Married Filing Jointly limit.

What other options exist for us to continue contributing here?

Options I’ve been told include
- Open a bank account in child’s name, gift them the contribution, they they legally transfer to the account

- Gift money to grandparents who then contribute to account

Appreciate any insights.
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