Illinois State Treasurer Michael Frerichs’ Plan to Allow Leftover College Savings Funds to Be Used For Retirement Signed Into Law
Information
Title
Illinois State Treasurer Michael Frerichs’ Plan to Allow Leftover College Savings Funds to Be Used For Retirement Signed Into Law
Description
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.