529 plan — Illinois?
Do you recommended the Illinois plan?
Terry Says
For many years I avoided the Illinois Bright Start Savings 529 plan because it was expensive, and didn't have a great choice of investments. That changed in the past couple of years, so I now have no objections. The real benefit for Illinois residents is that annual contributions up to $10,000 are deductible from state income taxes. And tax deductions are hard to find these days! You can go to www.SavingforCollege.com to compare plans.