Which of the following statements regarding a Coverdell Education Savings Account $($CESA$)$ is correct?

Multiple Choice

For single taxpayers, permitted contributions begin to be phased out when AGI reaches $$90,000.$

An individual can be the beneficiary of multiple CESAs.

A contributor cannot make a contribution for himself$/$herself$.$

Annual contributions are limited to $$2,000$ per beneficiary, per contributor.Which of the following statements regarding a Coverdell Education Savings Account $($CESA$)$ is correct?

Multiple Choice

For single taxpayers, permitted contributions begin to be phased out when AGI reaches $$90,000.$

An individual can be the beneficiary of multiple CESAs.

A contributor cannot make a contribution for himself$/$herself$.$

Annual contributions are limited to $$2,000$ per beneficiary, per contributor.