Forms

Click on a form to download.

Form Name	Download	Form Description
1. Deposit Coupons	Fill-in	Make adding money to an account easy.
2. Rollover Form	Fill-in	To rollover funds from another 529 plan or a Coverdell Education Savings Account into Bright Directions®.
3. Automatic Funds Transfer Form	Fill-in	To begin, change, or stop an automatic investment plan from a checking or savings account.
4. Change of Investment Option Form	Fill-in	To change your investments.
5. Withdrawal Request	Fill-in	To request a withdrawal.
6. Change of Beneficiary	Fill-in	To change the beneficiary.
7. Change of Account Owner	Fill-in	To change the account owner.
8. Change/Add Successor Account Owner	Fill-in	To change or add a successor account owner.
9. Fund Transfer Form	Fill-in	Use this Form to transfer funds between Bright Directions® Accounts.
10. Update Form	Fill-in	To change your address, phone number or to update your name.
11. Payroll Deduction	Fill-in	To begin, change, or stop a payroll deduction authorization.
12. UTMA/UGMA Notification	Fill-in	To notify Bright Directions® that the beneficiary has reached the age of majority according to the appropriate State UTMA/UGMA statute.

Investment Products: Not FDIC Insured. No Bank Guarantee. May Lose Value.

The Bright Directions® College Savings Program is part of the Illinois College Savings Pool and is designed to qualify as a qualified tuition program under the provisions of Section 529 of the Internal Revenue Code. The Bright Directions® College Savings Program is sponsored by the State of Illinois and administered by the Illinois State Treasurer, as Trustee. Union Bank & Trust Company serves as Program Manager, and Northern Trust Securities, Inc., acts as Distributor.

Securities, products, and services are offered by Northern Trust Securities, Inc., member FINRA.

You should be aware that other states may sponsor their own qualified tuition plans and may offer a state tax deduction or other benefits that are limited to residents who invest in that plan. You should consult with a tax advisor about state and local taxes.

Withdrawals used to pay for qualified higher education expenses are income tax-free (Federal and State of Illinois). Qualified higher education expenses include tuition, fees, books, supplies, and equipment required for enrollment at a qualified institution of higher education. Room and board is considered a qualified higher education expense if the student is enrolled on at least a half-time basis. Computers, computer equipment and Internet access and related services that the Beneficiary or the Beneficiary's family use during the time the Beneficiary is enrolled are also considered qualified higher education expenses if paid or incurred in 2009 or 2010.

Every individual’s tax situation is different, and it is important to consult a qualified tax advisor regarding the application of the Program’s benefits to your own individual situation.

There is no guarantee that any investment portfolio will achieve its investment goals. The value of an account will go up or down based on the performance of the Portfolio in which the account is invested. When funds are withdrawn, they may have more or less than the total contributions made to the account. Past investment performance is no guarantee of future results.

Investments in the Bright Directions® College Savings Program are not guaranteed or insured by the State of Illinois, the Illinois State Treasurer, Union Bank & Trust Company, Northern Trust Securities, Inc., the Federal Deposit Insurance Corporation, or any other entity. An investor should consider the investment objectives, risks, and charges and expenses associated with municipal fund securities and the underlying investment companies before investing. Please contact your investment professional or call 866–722–7283 to obtain a Program Disclosure Statement (issuer’s official statement) or prospectus for any of the underlying funds. Please read the Program Disclosure Statement carefully prior to investing.