Which of the following statements does not apply to Coverdell education savings accounts?

		Parents may make nondeductible contributions of up to $2,000 per child each year.
		Contributions must be for a beneficiary under the age of 18.
		Qualifying educational expenses include tuition, books, supplies, and room and board.
		When the beneficiary reaches age 30, unused amounts are distributed to the parent who is taxed on any accumulated earnings.
		All of the above apply to Coverdell education savings accounts.