Help give their future a boost with triple tax benefits
Illinois taxpayers can qualify for a state tax deduction up to $20,000 if married filing jointly ($10,000 for single filers) by opening an account and contributing.
Your contributions can go further with the triple tax benefits of a Bright Start 529 account
Illinois State tax deduction
Illinois taxpayers can qualify for a state tax deduction up to $20,000 if married filing jointly ($10,000 for single filers) for contributions made into a Bright Start 529 account.1
100% tax-free withdrawals
Withdraw tax free for all qualified education expenses at any eligible college and university (in the U.S. and abroad) and vocational schools for tuition and fees, room and board, books, computers and more.
Tax-deferred growth
Any earnings grow tax deferred. When you pay less taxes, you may have the ability to earn more and grow your college savings account faster—giving your beneficiary an even bigger head start!
Why a Bright Start 529 account?
Your child has options
Savings can be used for any eligible college or university in the U.S. and abroad, technical and community colleges, graduate, postgraduate or professional schools, apprenticeships and more.2
You enjoy more flexibility
Funds are transferable to other family members: siblings, stepchildren, cousins—even you can be eligible.