Putting four children through college would be a challenge for most families. Certainly it is for Jenny Clark and her husband, Michael, but they have made saving for their children’s college educations a priority.

For years, Jenny and Michael have put money in 529 college savings plans for each of their children (ages 2, 5, 6 and 8). The money grows over time and can be withdrawn without a tax penalty if the funds are used for expenses like college tuition and books.

“We first learned about 529 plans from my dad because he had been saving for my younger siblings,” says Jenny, a stay-at-home mom in Arizona. “I have three much younger siblings, all in college now, and they are all using fully funded 529s.”

Read the source article at The Heritage Foundation