Illinois Treasurer Michael Frerichs Announces Enhancements To Bright Start 529 College Savings [Yahoo! Finance]
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Source: Yahoo! Finance
(Video files will be uploaded here: https://cms.illinois.gov/agency/media/video/videos.html CHICAGO Sept. 12, 2024 /PRNewswire/ -- Families with a Bright Start College Savings Program ( Bright Start 529 ) will soon pay lower fees, gain access to low-cost, high-quality investments, and manage their accounts on a new phone app, Illinois State Treasurer Michael Frerichs announced Thursday. "We worked to ensure that more of a family's hard-earned savings goes toward the cost of college or a vocational school," Frerichs said. "I am a firm believer in continuous improvement, especially for a program as crucial to Illinois families as college savings. One of my proudest accomplishments as State Treasurer has been taking a troubled program and transforming it into one of the nation's best. I'm excited to announce today that we are making it even better." The changes will go into effect September 30 as TIAA , one of the largest and most widely recognized program managers of 529 college
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