Treasurer Michael Frerichs’ Office Publishes Annual Report on Small Business Spending Illinois State Treasurer Michael Frerichs’ office increased its small business spending by more than 37 percent from Fiscal Year 2024 to Fiscal Year 2025, a new report states. During…
Illinois State Treasurer Michael Frerichs Announces $50 Million Loan Program to Help Federal Workers During Shutdown An estimated 153,000 Federal Workers in Illinois Illinois State Treasurer Michael Frerichs is committing $50 million to fund zero-interest and low-interest loans to unpaid…
State Treasurer Michael Frerichs today hosted a celebration in Chicago to commemorate LGBTQ+ History Month. The event was an opportunity to reflect on the significant achievements of lesbian, gay, bisexual, transgender, and queer people, and their allies. Frerichs presented awards…
Nonprofit Leaders, Entrepreneur, Aurora University President, South Suburban College Soccer Coach, Labor Leader, and Theater Educator Recognized for Their Achievements Illinois State Treasurer Michael Frerichs today hosted a celebration to commemorate Hispanic Heritage Month and honor the work of community…
Starts Sept. 19 and Ends Sept. 28 A set of 1989 Chicago Bears pins, baseball cards of Hall of Famers Jackie Robinson and Hank Aaron, collectibles from the U.S. bicentennial celebration, and a 14-karat yellow gold Omega women’s watch are…
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…
Surpasses $3 billion earned for cities, schools through Illinois Funds Illinois Treasurer Michael Frerichs announced today that he has made more than $5 billion in investment earnings from the state portfolio during his time in office. With one month to…
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…
Change Would Allow 529 Rollover into Roth IRAs CHICAGO – Illinois Treasurer Michael Frerichs today urged state lawmakers to approve a bill that would allow parents who don’t use all the money in their Illinois 529 College Savings Accounts (Bright…