1The combined maximum account balance limit for the Bright Directions College Savings Program and all other Section 529 programs established and maintained by the State of Illinois, including the Bright Start College Savings Program and CollegeIllinois!, for a particular beneficiary cannot exceed $450,000. Although account balances can grow beyond that amount, no additional contributions can be made once the balance reaches $450,000.
2An individual who files an individual Illinois state income tax return will be able to deduct up to $10,000 per tax year (up to $20,000 for married taxpayers filing a joint Illinois state income tax return) for their total, combined contributions to the Bright Directions College Savings Program, the Bright Start College Savings Program, and CollegeIllinois! during that tax year. The $10,000 (individual) and $20,000 (joint) limit on deductions will apply to total contributions made without regard to whether the