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Utilize the Bright Start 529 plan for college savings. Pay for tuition, supplies, room and board. Enjoy low fee investments plus state & federal tax benefits.
Bright Start 529 is one of only five Gold-rated 529 plans in the country. In its review, Morningstar identified Bright Start 529 as a "Valedictorian" and as a standout plan offering "exceptional state stewardship of investor capital and well-constructed portfolios managed by competent investment teams."
Give the gift of knowledge and a life-changing opportunity to a loved one by saving with a 529 account that provides tax advantages and flexibility. A 529 plan is a state sponsored, tax-advantaged investment account used to help families save for higher education.
Explore Illinois 529 plans: tax benefits for in-state contributions, Bright Start, Bright Directions, and prepaid tuition options. Enroll and invest wisely.
How Our 529 Plan Works. No matter your child’s age, the best time to open a Bright Start 529 account is today. Because the sooner you start, the more you can take advantage of compound earnings and unique tax benefits.
Parents will need to re-establish their online account access at BrightStart.com or via the new Bright Start 529 mobile app, and they’ll need to update payroll instructions with employers.
Illinois will automatically deposit a $50 seed deposit into a 529 college savings account for every child born or adopted in the state beginning in 2023.
Illinois residents can deduct up to $10,000 ($20,000 if filing jointly). If you prefer to work with a financial advisor, our award-winning Bright Directions 529 plan offers guided college investing options.
Bright Start 529 offers compelling income tax benefits. And when you pay fewer taxes, you can potentially save more and grow your account faster—giving your child or grandchild an even bigger head start.
The Bright Start Direct-Sold College Savings Program is the name of Illinois' 529 Plan. This plan offers a variety of investment options, including age-based portfolios that become more conservative as the child approaches college, and static investment fund options.