The Terms to Know When Saving with a 529 Plan

Looking for something specific?

Ready to open your account?

Enroll Today

Learn

Cost of College
529 Basics
Tax Benefits
Bright Start Benefits
First Steps
Success Stories
Webinars

Invest

Morningstar
Investment Portfolios
Prices & Performance
Risk Tolerance Questionnaire
Investment Policy Statement

Manage

Your Contributions
Using Your Funds
Out-Of-State Fund Rollover
Give a Gift
Visa Rewards

Resources

Blog
FAQs
Tax Center
Educational Video Library
Plan News & Updates
Forms
Resources for Professionals

Contact Us

Login

Find us on Facebook

¹ 529 funds may be tax-free if used for qualified higher education expenses. Please consult your tax advisor. This hypothetical example illustrates the accumulation potential with a $2,500 initial investment and a monthly contribution plan at a 5% projected average annual return. The above example is based on projections and does not reflect your actual investment in the Bright Start College Savings Program. If fees were included, the returns would be lower. Your actual results may be more or less. _back

² This hypothetical example illustrates the accumulation potential with a $2,500 initial investment and a monthly contribution plan at a 6% projected average annual return. The above example is based on projections and does not reflect your actual investment in the Bright Start College Savings Program. If fees were included, the returns would be lower. Your actual results may be more or less. _back

³ Source: Bureau of Labor Statistics, U.S. Department of Labor, News Release (1st Quarter 2020 Averages — April 15, 2020) _back

The Bright Start Direct-Sold College Savings Program is sponsored by the State of Illinois and administered by the Illinois State Treasurer, as Trustee. Union Bank and Trust Company serves as Program Manager. Balances in your Bright Start account are not guaranteed or insured by Bright Start, the State of Illinois, the Illinois State Treasurer, any other state or federal agency, Union Bank and Trust Company or any of its affiliates, the Federal Deposit Insurance Corporation (except as provided in the Program Disclosure Statement solely with respect to the FDIC-insured Bank Savings Underlying Investment), or any other entity.

An investor should consider the investment objectives, risks, and charges and expenses before investing. This and other important information is contained in the Bright Start Direct-Sold College Savings Program Disclosure Statement, which can be obtained at BrightStart.com and should be read carefully before investing. You can lose money by investing in a portfolio. Each of the portfolios involves investment risks, which are described in the Program Disclosure Statement.

Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s 529 plan.

NOT FDIC INSURED* NO BANK GUARANTEE MAY LOSE VALUE

*Except the Bank Savings Underlying Investment

Contact Us

Privacy Policy

Legal

Program Disclosure Statement