(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.
At one time, a penalty would apply if there were contributions to a 529 plan and a Coverdell account for the same beneficiary in the same year. That restriction disappeared in 2002. As a result, you don't have to give up the Coverdell account if you're saving more than $2,000.or 2003 you were eligible to contribute $2,000 to the Coverdell account but you contributed only $1,500. You contributed $500 less than the maximum, so you're treated as if you withdrew the $500 excess from the previous year.