On July 26, 2001, the president ( Bush) signed into law a measure that in effect changes the name of the Education IRA to "Coverdell Education Savings Accounts" . The new name is in honor of the late Paul Coverdell, who served as senator from Georgia from January, 1993 until his death in July, 2000.

Under EGTRRA, the contribution limit for Education was increased to $2,000, effective for tax years beginning 2002.

Can you please reference where you obtained the information regarding the name change of the Education IRA? I need to present this to my Marketing area if we need to update our applications and forms. thank you

No problem Jeanne,

Click on the following link

http://thomas.loc.gov/cgi-bin/bdquery/z?d1...0:@@@L&summ2=m&

Thank you, Appleby! have a great weekend!

You're welcome Jeanne,

You have a good weekend too

Does anyone know the law number- I need it for a presentation

It's P.L. 107-22. It started out in the Senate as S.1190.

Hope this helps.