Illinois State Treasurer’s Office News Releases

Michael Frerichs is reminding families it’s always a good time to open or add to an Illinois 529 college savings plan. Frerichs’ office has been partnering with Illinois children’s museums to create special opportunities for families to learn more about college savings plans while taking advantage of a free or discounted admission. “If a child knows he or she has a college savings plan, that child is three times more likely to attend college . When an adult opens and contributes to a child’s savings account, it is a way…

CHICAGO — As Memorial Day approaches, Illinois State Treasurer Michael Frerichs is urging people to help with Operation Purple Heart, an unprecedented mission to return Purple Heart medals to their rightful owners. The military honors were submitted to the Illinois State Treasurer ’s Office for safekeeping and return as part of the Unclaimed Property program, also known as I-Cash or missing money. “These medals personify honor, sacrifice, duty. We call today on the citizens of Illinois to help us return these medals into the loving care of their families,” Frerichs…