Ask Terry Questions College Savings Plans in Illinois

College Savings Plans in Illinois

By Terry Savage on April 17, 2015 | Wild Card

(Terry: I read your December 8, 2013 article on College Savings Plans in Illinois and I completely understand your position on the Bright START Savings Plan, however, is your position on the Bright DIRECTION Savings Plan the same?

Terry Says:  Bright Direction is basically the same plan — only sold by brokers, who receive a commission for taking the time to explain it to you and help you make appropriate investment choices !

The best comparison tool for college savings is at www.SavingforCollege.com.  Here are direct links to both plan explanations:

http://www.savingforcollege.com/529_plan_details/?page=plan_details&plan_id=149

 http://www.savingforcollege.com/529_plan_details/?page=plan_details&plan_id=16

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