tag:blogger.com,1999:blog-19690403.post-18087332973587644992007-12-07T14:59:00.003-06:002008-08-27T10:22:47.299-05:00Winter Notes<span style="color:996633;">Just like the holiday season, our program is in full swing! Our last blog entry mentioned Rex and Tony’s 10-Stop Tour, and we now have photos posted from their stops to date. You can check out all of the fun they’ve been having around the state by taking a look at their Web page <a href="http://www.collegeillinois.com/en/tenstoptour/index.htm"><strong>here</strong></a>. Rex and Tony will return to Chicago on December 15 and look forward to meeting lots of new friends!<br /><br />We would also like to remind everyone of the tax benefits that purchasing a contract brings at this time of the year. <em>College Illinois!</em> plan earnings are always 100% exempt from state and federal taxes. Of particular note as the end of the year approaches, this is a reminder that new contracts purchased or contributions made to an existing plan before December 31 can be claimed on your 2007 state tax returns. Illinois taxpayers can deduct up to $10,000 per individual or $20,000 for married couples filing jointly. Finally, should you purchase a plan as a holiday gift for your child or grandchild, there is a gift-giving tax exemption up to $60,000 per person.<br /><br />As you can see, there are plenty of reasons to get involved with our program before the calendar switches to 2008.</span><i>College Illinois!</i>http://www.blogger.com/profile/12992666009632486915noreply@blogger.com