WebDec 2, 2024 · But, Illinois families may invest in either or both of the state’s 529 college savings plans. The Bright Start 529 plan is a direct-sold 529 plan that received a Gold rating from Morningstar in October 2024. The Bright Directions 529 plan was among the top 10 advisor-sold 529 plans for the 3- year period ended September 30, 2024 according to ... WebIllinois 529 College Savings Plan . About Bright Start's 529 Plan . Bright Start is a Section 529 education savings program created and administered by the state of Illinois. It allows you to save money toward your future student's education in a Bright Start account and pay no taxes on any earnings. ... Login. 618-296-6200 Click HERE to Email ...
Michael W. Frerichs - Illinois State Treasurer: College …
WebApr 17, 2015 · Terry Says: You can start a 529 savings/investment plan using any state’s plan, and still use the money for college in any state. There is only one reason to use the Bright Start Illinois plan, and that is because you get a deduction on your Illinois state income taxes. Contributions of up to $10,000 for an individual, or $20,000 if married ... WebTax Benefits for Illinois. An individual who files an individual Illinois state income tax return will be able to deduct up to $10,000 per tax year (up to $20,000 for married taxpayers filing a joint Illinois state income tax return) for their total, combined contributions to the Bright Directions Advisor-Guided 529 College Savings Program, Bright Start Direct-Sold … intertherm 1875 product data sheet
Investments today can benefit generations to come
Web1 An individual who files an individual Illinois state income tax return will be able to deduct up to $10,000 per tax year (up to $20,000 for married taxpayers filing a joint Illinois state income tax return) for their total, combined contributions to the Bright Directions College Savings Program, the Bright Start College Savings Program, and CollegeIllinois! during … WebYou can enroll in the Bright Start Illinois 529 College Savings Plan online or by mail. The digital process should take only a few minutes if you’ve gathered the following information about yourself and your beneficiary: WebDec 2, 2024 · Illinois administers two 529 plans, the Bright Start Direct-Sold College Savings Program and the Bright Directions Advisor-Guided College Savings Program, and one prepaid tuition plan, the College Illinois Prepaid Tuition Program. Illinois’ prepaid … intertherm 179