Since the dawn of time, it seems, parents and grandparents have been regularly socking away spare money for their grandchildren to help with the cost of a college education.
Illinois, like most states.
Illinois treasurer backs legislation allowing parents to convert unused college funds into retirement savings firstalert4.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstalert4.com Daily Mail and Mail on Sunday newspapers.
Illinois Treasurer Michael Frerichs is pushing a bill allowing parents who don't use all the money in their Illinois 529 College Savings Accounts to roll the funds to a Roth IRA retirement account.
Illinois law could allow unspent college savings funds to be used for retirement wgntv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wgntv.com Daily Mail and Mail on Sunday newspapers.