7 Stocks for Your College Savings

Every year, families scrape and claw in order to come up with the vast amount of money that they need in order to send their children to college. Saving for higher education is arguably one of the most stressful and demanding tasks that parents have to undertake, and unfortunately, more and more people are making enormous mistakes along the way. The decline of the 529 plan529 plans are similar to IRAs, in that they offer tax-deferred growth on your investments. Money inside the 529 doesn't get taxed while it grows over the years. Eventually, when you withdraw the money to pay for your children's education, the income all those investments has generated won't get taxed, either -- a tremendous benefit for any family that has been prudently saving during their children's lifetime.... Read more