College Savings

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…

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

Read MoreIllinois State Treasurer Michael Frerichs’ Plan to Allow Leftover College Savings Funds to Be Used For Retirement Signed Into Law