Illinois State Treasurer’s Office News Releases

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Treasurer Frerichs to Host Illinois College Savings Summit

College Savings Events Set for Tax and Investment Professionals in Rock Island, Rockford, Chicago and Orland Park CHICAGO — Illinois State Treasurer Michael Frerichs today announced dates for the Illinois College Savings Summit to provide tax and investment professionals with important updates on Illinois’ Bright Start and Bright Directions college savings programs, both considered among the best in the country according to Morningstar. “We know that children are more likely to go to college if they know that they already have a college savings account in their name,” Frerichs said.…

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Illinois’ 529 College Savings Plans Earn Top Ratings, Remain Among Best in Nation

CHICAGO — Illinois State Treasurer Michael Frerichs today announced that Illinois’ 529 College Savings plans, Bright Start and Bright Directions, earned top rankings from Morningstar, placing both plans among the best in the nation. Bright Start was one of only four 529 plans in the country to earn a Gold rating. “Since I took office, I’ve made it a priority to create college savings programs that Illinois can trust,” Frerichs said. “We are proud of these rankings and the progress we have made to improve our 529 plans and ensure…

Read MoreIllinois’ 529 College Savings Plans Earn Top Ratings, Remain Among Best in Nation