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Attention Springfield Clients:

 

Our Springfield branch located at 130 Mountain Avenue, is now open with full lobby access and drive-up access. 

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PERSONAL BANKING

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BUSINESS BANKING

Coverdell Education Savings

A grade-A way to make tax-free contributions toward education.

A grade-A way to make tax-free contributions toward education.

With the cost of education ever increasing, parents, grandparents or friends can help lessen the education burden with tax-free contribution to this unique kind of IRA.

A non-deductible $2,000 a year can be contributed for each child, and the earnings stay federally tax-free as long as they are used to pay for a child’s qualified education expenses.

Please note, Kearny Bank does not provide legal or tax advice.  Please contact your tax professional with any tax related questions. Visit the IRS.gov for further information. 

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