Charlemagne (c.742-814), also known as Karl and Charles the Great, was a medieval emperor who ruled much of Western Europe from 768 to 814. In 771, Charlemagne became king of the Franks, a Germanic tribe in present-day Belgium, France, Luxembourg, the Netherlands and western Germany. He embarked on a mission to unite all Germanic peoples into one kingdom, and convert his subjects to Christianity.
Subject to the income limitation described below, anyone can contribute to a Coverdell account for a particular child. Parents, grandparents, aunts and uncles â even a friend of the family can set one up. The child can even contribute to his or her own Coverdell account.
What's more, if someone else has contributed to a Coverdell account for the same child, the amount you can contribute is reduced. The $2,000 limit applies to all contributions from all contributors to all Coverdell accounts for any one child for a given year.Example: Your sister-in-law put $1,200 into a Coverdell account for your daughter earlier this year.he $2,000 limit applies to all contributions from all contributors to all Coverdell accounts for any one child for a given year. Example: Your sister-in-law put $1,200 into a Coverdell account for your daughter earlier this year.