Bright Directions is an excellent way to help your employees set money aside for college and gain tax benefits, including an attractive Illinois income tax deduction and a potential employer tax credit when matching contributions are made.

Benefits include:

  • Offer your employee’s an important benefit
  • Employee contributions eligible for up to a $20,000 Illinois state income tax deduction
  • No upfront sales charge on investments for qualifying employers (i.e. 25 or more employees)
  • No minimum number to participate
  • Illinois tax credit for employers who make a matching contribution

To learn more contact your financial advisor.