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





Illinois State Treasurer Michael Frerichs’ Plan to Allow Leftover College Savings Funds to Be Used For Retirement Signed Into Law
Frerichs Thanks Governor, Lawmakers for Bipartisan Approval Parents who don’t use all the money in their Illinois 529 College Savings Accounts (Bright Start and Bright Directions) are now able to roll over the funds into a Roth IRA under Illinois Treasurer Michael Frerichs’ plan that was signed into law. “This will give parents another option when deciding what to do with the money they’ve saved for their children if they don’t use all of it,” said Treasurer Frerichs, who thanked…

August 5, 2024 – Illinois State Treasurer Michael Frerichs’ Plan to Allow Leftover College Savings Funds to Be Used For Retirement Signed Into Law
Read MoreAugust 5, 2024 – Illinois State Treasurer Michael Frerichs’ Plan to Allow Leftover College Savings Funds to Be Used For Retirement Signed Into Law
June 24, 2024 – State Treasurer Michael Frerichs Encourages Families to Save for College, Receive Reduced Admission to Springfield Kidzeum Saturday, June 29
Read MoreJune 24, 2024 – State Treasurer Michael Frerichs Encourages Families to Save for College, Receive Reduced Admission to Springfield Kidzeum Saturday, June 29
May 29, 2024 – In Observance of 529 Day, Treasurer Michael Frerichs Encourages Families to Save for Future Education through 529 College Savings Accounts
Read MoreMay 29, 2024 – In Observance of 529 Day, Treasurer Michael Frerichs Encourages Families to Save for Future Education through 529 College Savings Accounts
May 16, 2024 – Illinois State Treasurer Michael Frerichs Thanks Lawmakers for Passing Bill Allowing Leftover College Savings Funds To Be Used for Retirement
Read MoreMay 16, 2024 – Illinois State Treasurer Michael Frerichs Thanks Lawmakers for Passing Bill Allowing Leftover College Savings Funds To Be Used for Retirement
