Illinois State Treasurer’s Office News Releases

SPRINGFIELD — Struggling to find a gift idea for that hard-to-shop-for teen? Wondering what to get that toddler who has enough toys? Invest in that child’s future by giving the gift of college savings this holiday season —and give yourself the gift of a tax break. Illinois State Treasurer Michael Frerichs says contributing to a Bright Start 529 plan is a great way to inspire students to attend a college, university or vocational school. A child is three times more likely to attend college if they know that they have…

SPRINGFIELD — An early holiday gift is being delivered to Lutheran Social Services of Illinois. The Des Plaines-based non-profit social services organization is receiving $15,328 in unclaimed cash that was surrendered to Illinois State Treasurer Michael Frerichs’ office, which is responsible for safeguarding unclaimed property. “While we always work hard to give back unclaimed property to the rightful owners or heirs, we make an extra effort at this time of year to return money to non-profits because their generosity, kindness, and caring acts help so many people,” Frerichs said. “Our…

SPRINGFIELD — Kringle, Santa, Claus, Rudolph, Gift, Noel and Merry are among the millions of names in Illinois’ unclaimed property database with cash and property waiting to be claimed, Illinois State Treasurer Michael Frerichs said today. “We return unclaimed property year-round, but it’s that time of year when reuniting extra money and keepsakes with their rightful owners is even more special,” Frerichs said. “Check our property to claim.” What is unclaimed property? It is money or accounts within financial institutions or companies in which there has been no activity for…