(Cancer is number two on the list.) Atherosclerosis is a disease of the arteries, the blood vessels that carry oxygen and nutrients to our organs and tissues (including heart muscle tissue). It is a type of arteriosclerosis, the term for any stiffening of the arteries. Atherosclerosis is especially dangerous because it is hidden deep in the body and not easily detectable. It is a slow, progressive disease.
Contribution limits and restrictions. The annual contribution limit for Coverdell ESAs is $2,000 per beneficiary. That's considerably less than you can contribute to most 529 plans (most plans have lifetime contribution limits of at least $300,000 total).So the more money you have to invest, the more attractive a 529 plan becomes.he age of the beneficiary also limits the use of a Coverdell ESA. You can't start a Coverdell ESA for any beneficiary who's age 18 or older, because you can't make any contributions to a Coverdell ESA after the beneficiary reaches age 18.
The tax treatment of Coverdell ESAs and 529 plans is generally similar. At the federal level, there is no deduction for contributions made to a Coverdell ESA or a 529 plan (though states may offer one).