529 News

Illinois issues RFP for new advisor-sold 529 program manager

(November 21, 2016) - The Illinois State Treasurer has a request for proposal for future program management services of the new Bright Directions advisor-sold 529 plan. The Treasurer has decided to merge the state's two existing advisor-sold plans, the Bright Start Advisor and Bright Directions college savings programs. The new program manager will facilitate successful consolidation of these two plans. The proposal deadline is December 9, 2016, 2:00pm Central time.

The current program manager contract for the Bright Directions 529 plan will expire on July 19, 2017.

For more information, click here.

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