CESA Procedures Manual
available in software or printed format

CWF's Coverdell Education Savings Account (CESA) Procedures Manual will help you operate with the most current rules.

A valuable resource to you and your staff:

• Beginning with a definition and explanation of what a CESA is, CWF's CESA Procedures Manual progresses systematically through the many steps in administrating a CESA. The manual addresses problem situations and offers solutions.
• This CESA Procedures Manual provides IRA personnel with clear, well-organized information on how the properly document transactions such as opening an account, transferring or rolling over a CESA, making IRA distributions and much more.
• The manual explains when a form must be used, what must be completed, and why it must be completed. Examples of forms are provided, as well as up-to-date information on CESA rules.
• CWF's CESA Procedures Manual is a comprehensive resource you can use to train new personnel and instruct them in the many of the basic rules governing CESAs.
• The IRS has issued reporting form for CESA's - Form 1099-Q and Form 5498-ESA. This manual has copies and instructions for both.

Manual Chapters

• An Overview
• Steps to Properly Establish a CESA
• Investing CESA Contributions & Prohibited Transactions
• CESA Amendments
• Administer Contributions & Year-End Reporting
• Tax Benefits and Taxation of Distributions
• Additional CESA Taxes
• Administering Distributions
• Magnetic Media Filing Requirements for CESAs
• IRS Publication 970