2023

SPRINGFIELD — Illinois State Treasurer Michael Frerichs is encouraging families to open an Illinois 529 college savings plan or make an additional contribution in honor of the upcoming date of May 29, known as 529 Day and National College Savings Day. Frerichs’ office is also working with Illinois museums to create special opportunities for families to learn more about college savings plans and to visit the museums at a discounted price. “Opening a college savings account and making contributions are great ways to send positive messages to young people. If…

The Illinois Funds Investment Earns an Additional $75.3 Million for Cities, Counties, Schools, Libraries and Park Districts SPRINGFIELD — The State Treasurer’s Office made a record $100.7 million in investment earnings from the state investment portfolio in April, Illinois Treasurer Michael Frerichs announced today. Another $75.3 million in gross investment earnings was earned for cities, villages, school districts, counties and other units of government that take part in the highly rated Illinois Funds local government investment pool operated by the State Treasurer’s Office. These key monthly metrics and more are…

Frerichs Recognizes Great Achievements of Community Leaders CHICAGO — Illinois State Treasurer Michael Frerichs today hosted a celebration to highlight the achievements of community leaders during Asian Pacific American Heritage Month. This year’s theme for Asian Pacific American Heritage Month is “Advancing Leaders Through Opportunity.” The event, which was held at the state government building at 555 W. Monroe St., honored nine people for their contributions to their communities: an economic development leader, a community center founder, an immigration attorney, a college business professor, a state lawmaker, a labor leader,…

Contest Showcases Photographers’ Vision of Illinois Agriculture SPRINGFIELD — As many schools get ready to wrap up the academic year, State Treasurer Michael Frerichs reminds young Illinois photographers to submit photos for the 2023 Cream of the Crop Photo Contest. The contest, for students ages 8 to 18, provides an opportunity for young people to demonstrate their creative skills and highlight agriculture in our state. The Treasurer’s Office is accepting electronic submissions for the contest until the entry deadline of June 12. “Illinois is an agricultural leader, thanks to its…

Prospective Bidders Must Register on iBid SPRINGFIELD — Collectible coins, currency, fine silver and jewelry are among the more than 200 unclaimed property items to be auctioned online from May 1 through May 5. “We hold these auctions when we need additional space in our vault,” said Illinois State Treasurer Michael Frerichs, whose office oversees unclaimed property in Illinois. “We choose items that typically have not been touched in about 10 years, and that would make an interesting gift.” Items to be auctioned include three graded Silver Eagle coins, a…