Stock market worries? Consider a prepaid college plan

Source: USA Today Posted By: Valerie M...5385 days ago

Q: I'm worried the stock market will shred my grandchildrens' college savings. Would converting their 529 savings plans to 529 prepaid plans be a wise move?
A: If you have someone in your life planning to go to college, including yourself, the 529 plan is an amazing deal.

With a 529, you can sock away money, let it compound and take the money out tax-free as long as you use the dough to pay for education. It's one of those rare tax breaks the government provides that anyone interested in paying....

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