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It can be effective to begin a speech with a story or joke.
Coverdell Education Savings Account
A tax-advantaged investment account in the United States designed to encourage savings to cover future education expenses.
Beneficiary
An individual or entity designated to receive benefits from an insurance policy, retirement plan, will, or trust after the policyholder's or owner's death.
Nondeductible Contributions
Payments made to certain accounts or plans, such as a traditional IRA, for which the taxpayer cannot take a tax deduction.
Adjusted Basis
The value of an asset for tax purposes, adjusted for factors like depreciation or improvements.
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