College Savings

Explore stories, resources and updates about Illinois 529 college savings programs that help families save for education with tax advantages.

Treasurer Frerichs as a boy around age 12 running a race outside with other boys

Pushing Ourselves to Improve

When I was a kid, the sign outside my hometown read “Gifford 800.” My eighth-grade class at Gifford Grade School was about 24 kids. And we were a big class. So it’s no surprise I didn’t have a lot of choices of sports to play. In the fall, the only option was baseball. In the winter, basketball. In the spring, track and field. I wasn’t that good at baseball, but I enjoyed being part of a team with my friends.…

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two boys under 3 years old on the bottom of a slide with red and green jackets

Make This Season Work for You

Illinois had one of the snowiest Decembers in some time. It also was very cold, which meant Max and Theo didn’t get to spend as much time outdoors as usual. This resulted in a little bit of cabin fever for both of them and their parents. They have a lot of toddler energy. In better weather, we spend as much time as possible outside to help them get some of that energy out. When they are stuck inside, it can…

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Chicago skyline with Lake Michigan

Illinois Treasurer Michael Frerichs, Chicago Children’s Museum to Host $5.29 Family Day Sunday, January 25

Families Can Decorate and Take Home Piggy Banks as Part of Bright Start 529 Promotion CHICAGO — Illinois State Treasurer Michael Frerichs and the Chicago Children’s Museum (CCM) are once again partnering to host a $5.29 Family Day on Sunday, January 25. As part of the special event sponsored by Bright Start 529 College Savings, general admission to the museum will be discounted to $5.29 per person. Tickets are now available through the museum’s website and are expected to sell…

Read MoreIllinois Treasurer Michael Frerichs, Chicago Children’s Museum to Host $5.29 Family Day Sunday, January 25
Treasurer Frerichs speaking at a podium with a Bright Start backdrop and a woman and man behind him

Treasurer Frerichs Encourages the Gift of Education This Holiday Season

College Savings Phone App Offers an Easy Way to Give to a Loved One’s Bright Start 529 Account Struggling to find the right holiday gift for a child? Illinois State Treasurer Michael Frerichs has one. Invest in a young person’s future by contributing to their Bright Start 529 college savings account. “Every time you make a Bright Start contribution, that kid sees that you believe in them. That’s a powerful message to hear from a loved one – you know…

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Treasurer Frerichs smiles as he speaks from a podium. Backdrop has the Bright Start logo

Treasurer Frerichs Clinches 7th Gold Rating for Bright Start College Savings Plan

Bright Directions Receives Sole Morningstar Upgrade Illinois State Treasurer Michael Frerichs announced today that Illinois’ Bright Start 529 College Savings Plan has earned its 7th Gold rating from independent analyst Morningstar, firmly placing the plan among the best in the nation. “To be touted as one of the nation’s best by Morningstar for the seventh time under my watch confirms from an independent source that Illinois’ 529 College Savings plans are a great investment for Illinois families,” Frerichs said. “Since…

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Bright Start 529 College Savings logo showing a drawing of a piggy bank

Illinois Treasurer Frerichs Marks Bright Start’s 25th Anniversary with Record Growth during College Savings Month

As Bright Start 529 turns 25, Illinois State Treasurer Michael Frerichs is announcing record asset growth to more than $14 billion for Illinois’s flagship 529 college savings plan. The news comes as the Illinois State Treasurer’s Office kicks off College Savings Month, which falls in September. Sponsored and launched by the State of Illinois in the year 2000, the Bright Start 529 College Savings Plan is designed for higher education savings. Treasurer Frerichs also sponsors Bright Directions, a 529 plan…

Read MoreIllinois Treasurer Frerichs Marks Bright Start’s 25th Anniversary with Record Growth during College Savings Month