The state’s treasurer is asking for state law to change to allow parents who are saving for college to not have to worry about what might happen if their children don’t use or need funds saved in a state 529 plan.

The Federal Government recently allowed parents to roll over unused college savings accounts to a Roth IRA. But Mike Frerichs says a change in state law needs to be made to allow Illinois residents to benefit from the change.

Currently, leftover funds can go to another family member or be withdrawn but with tax penalties.