Illinois State Treasurer Michael Frerichs said it’s possible after a recent change to federal law allowing tax and penalty-free rollovers from 529 college savings accounts to ROTH IRAs. However, state law would need to change before Illinois families can take advantage of it.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.