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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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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Article Type:Correction Notice
Date:Dec 22, 2005
Words:26
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