FOR THE RECORD.
In a Dec. 11 business story, an investment vehicle was incorrectly in·cor·rect adj. 1. Not correct; erroneous or wrong: an incorrect answer.
2. Defective; faulty: incorrect programming of the computer.
3. referred to as a Cloverdell Education Savings Account Savings Account
A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates.
Notes: . It is a Coverdell Education Savings Account Coverdell Education Savings Account
A special individual retirement account opened on behalf of a child under age 18. Contributions of up to $2,000 annually may be made by anyone who meets specified income limits. .
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