stLouISTTreasurer Frerichs Encourages Families to Save for College, Receive Discounted Admission to Museums in Observance of 529 Day, College Savings Day
SPRINGFIELD – Illinois State Treasurer Michael Frerichs is encouraging families to open an Illinois 529 college savings plan or make an additional contribution in honor of the upcoming date of May 29, known as 529 Day and National College Savings Day. Frerichs’ office also is working with Illinois museums to create special opportunities for families to learn more about college savings plans and to visit the museums at a discounted price. “Opening a college savings account and making contributions are great ways to send positive messages to young people. If a child knows he or she has a college savings plan, that child is three times more likely to attend college,” Frerichs said. “529 Day is a fun designation that reminds children and families about the crucial role that a 529 account can play in children’s future success.” During the next several weeks, the State Treasurer’s Office is teaming up with select Illinois children’s
