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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

A laptop sits open with the Bright Start website shown on screen. The Illinois 529 Rollover plan allows for leftover money in college savings accounts to be rolled over into a Roth IRA. (Tim Dodge | Northern Star)

Illinois 529 rollover plan signed into law

By Victoria Wakeford, News Reporter | August 28, 2024

DeKALB – Earlier this month, an Illinois bill was signed to allow unused college savings to be utilized for retirement.  With this plan, parents are able to roll over their leftover Illinois 529 college funds (Bright Start and Bright Directions)...

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