Final answer:
A Coverdell Education Savings Account can be opened at banks, credit unions, investment firms, and brokerage firms but not at schools, hospitals, or government offices.
Step-by-step explanation:
You can open a Coverdell Education Savings Account (ESA) at various types of financial institutions, including but not limited to:
Banks, Credit unions, Investment firms, and Brokerage firms
A Coverdell ESA is a tax-advantaged savings account designed to help pay for education expenses. While schools, hospitals, and government offices play important roles in education and public services, they do not provide the option to open savings or investment accounts. When considering opening a Coverdell ESA, it's essential to find a reputable financial institution that offers these types of accounts and understand the contribution limits and rules associated with using the account for qualified education expenses.