529

By Terry Savage on July 13, 2024 | College Savings / Student Loans

Hi Terry, our grandson lives in Ohio. We live in Chicago. His other grandparents are in Penn and have set up a 529 there for him. Can we set one up in Illinois too? Thank you!

Terry Says

You sure can — and get a tax deduction on your Illinois tax return for up to $10,000 of your contributions.

In Illinois go directly to Bright Start | Save with the Illinois 529 College Savings Plan to open an account.

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