Illinois’ state treasurer reminded new parents this week they can claim a $50 deposit for their child’s college savings account under the state’s new Bright Start program. State Treasurer Michael Frerichs said anyone who had a baby or adopted a child in 2023 can open a Bright Start or Bright Directions college savings account and receive a $50 seed deposit from the Illinois First Steps program. “We launched the Illinois First Steps program this year to help put families on a path to saving early for their child’s education,” Frerichs said in a statement. “Saving now means money will be available when your child is ready to attend a university, community college, trade school, or star
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