Illinois State Treasurer’s Office News Releases

SPRINGFIELD — The ‘Money Match’ program, which automatically returns lost money to Illinois residents without the usual need to gather paperwork or file a claim, is expected to return $1.2 million in unclaimed money to nearly 13,000 residents in the coming weeks, Illinois State Treasurer Michael Frerichs said today. “We want to make every effort to return unclaimed cash to Illinois taxpayers, especially now when families are dealing with the impact of a global pandemic and the holidays on the horizon,” Frerichs said. “We are sending out thousands of letters…

CHICAGO — Illinois State Treasurer Michael Frerichs today announced that Illinois’ 529 college savings plan, Bright Start, again earned a top ranking from Morningstar, one of only three Gold-rated 529 plans in the country. “Since I took office, I’ve made it a priority to create college savings programs that earn the trust of Illinois investors,” Frerichs said. “Saving for college is the best investment parents can make for their children’s future because it reduces the burden of long-term debt.” A child is three times more likely to attend college if…