Office of the Illinois State Treasurer

Take a look at the behind-the-scenes-action at the WMBD Unclaimed Property Telethon! Illinois residents called in on live television to see if they had any missing money. We helped 864 people claim more than $254,000 in missing money! Thank you to all who called in, as well as WMBD-TV for having us. It's always a great day when we get to connect with Illinois residents. #missingmoney #unclaimedproperty #icash

Just ahead of Independence Day, Treasurer Frerichs returned a Purple Heart to the family of Master Sergeant Jerome A. Even. Click below to hear the Treasurer talk about the experience with The Karen Conti Show on WGN Radio! 🇺🇸 https://bit.ly/3Lm7rys 🇺🇸 DePaul University | The American Legion | Veterans of Foreign Wars (VFW) #operationpurpleheart #missingmoney #purpleheart #veterans

June was National Homeownership Month, and The State Treasurer’s Office was able to celebrate in a very special way. The office awarded over $33,000 in unclaimed property to Neighborhood Housing Services, a nonprofit that believes individuals are empowered through homeownership. NHS of Chicago recognizes the impact of race, income, and social status on a person’s housing security. Knowing homeownership is a foundation in community development, their teams work to stabilize and revitalize low and moderate-income communities throughout the greater Chicagoland area and suburbs. Since 2015, the Treasurer’s Office has returned over $2 billion in assets back to Illinois residents. To learn more about this program, visit https://bit.ly/4aSzrEG

Here's some news to brighten your week! Time magazine recently recognized Bright Start as 1 of the 5 best 529 plans in the country. Why is Bright Start a great college savings program? According to Time, the program has generous tax incentives, high lifetime contribution limits, low fees, and broad investment options. Read the article here! ⬇️ https://lnkd.in/gmxH5Chf Learn more about Bright start here! ⬇️ https://brightstart.com/

It was a pleasure to attend Institutional Investor Week in Newport, RI! It was a great opportunity to connect and learn with institutional investors and asset managers across the country. It was a privilege to have the office awarded with the AlphaEdge Award for Real Assets Investment. This was awarded to both Treasurer Frerichs and Chief Investment Officer, Joe Aguilar.

Summer is here! Join us as we welcome our graduate school interns, Greg Rudd, Alejandra Silva, and Andy Fan, who will be working with our College Savings and Investment teams. We are fortunate to work with the University of Chicago Harris School of Public Policy and are grateful for its commitment to advancing the understanding of government and building awareness about and engagement in public service.

Happy Independence Day from the Illinois State Treasurer’s Office! As we celebrate today, we honor those who made it possible to call America “The Land of the Free.”

Cheers to Illinois small business employees! We recently signed up our 150,000th Secure Choice saver. These workers have saved more than $180 million. We are thrilled to be assisting Illinois residents plan for a promising future. Illinois Secure Choice is a program led by the Illinois State Treasurer's Office that helps people save for their retirement through automatic payroll deductions that go into their own, individually managed retirement accounts. We cannot wait to assist more Illinois residents with their futures! To learn more about Illinois Secure Choice, visit https://bit.ly/3RKjV6Y. This was one item in our ISTO newsletter this week. Want to receive that and stay abreast of all ISTO news? Sign up here: https://lnkd.in/g7bMby9E

As we look toward celebrating Independence Day, we pulled the front page of the Chicago Tribune to help illustrate Illinois State Treasurer Michael Frerichs' favorite 4th of July. Guess, what? It didn't happen in the United States. Curious to learn more? You can find all of our weekly newsletters here: https://lnkd.in/gTTaJTDv And if you prefer to get them in delivered directly to your inbox, please sign up here: https://lnkd.in/g7bMby9E

As we head into the month of July, the Illinois State Treasurer's Office has some good news to share with you! In May of 2024, Illinois State Treasurer Michael Frerichs' office made a record $130.1 million in investment earnings for the state portfolio. Another $90.9 million was earned for cities, school districts and other units of government that take part in the Illinois Funds local government investment pool. It's an honor to serve the residents of Illinois!