Coverdell ESA Distribution to Parent's Bank Account

[jdadverb]

Taking my first withdrawal from my son's Coverdell ESA to pay for his high school tuition. Even though it's for his benefit, I assume I can just have Vanguard transfer the funds to my checking account and then I'll pay the tuition from there, right? I don't need to have the distribution sent to a bank account in my son's name.

[prinehart]

Yes. I have been withdrawing money for 4 years now to pay for college. I have always had the money go directly to my bank account. What is important is that you keep withdrawl notices and receipts paid together to reconcile for when you do your taxes. I have only used the money for college, so I also had 1098T's to deal with.