Nebraska 529 College Savings Plans

First National Bank of Omaha manages all four of the 529 plans that Nebraska offers. The Nebraska Education Savings Trust (NEST) is available in a direct-sold version and an advisor-sold version and employs several fund families on its investment platform. The TD Ameritrade 529 College Savings Plan is similar to NEST, but is distributed through discount broker TD Ameritrade at a slightly higher cost. The State Farm College Savings Plan is distributed exclusively through State Farm representatives.

Additional info for each Nebraska 529 plan can be found by selecting the links below.

Nebraska 529 Tax Benefit
  • Tax deduction for single filers$10,000/yr
  • Tax deduction for joint filers$10,000/yr

Consumer Plans

Nebraska Education Savings Trust -- Direct College Savings Plan

Nebraska Education Savings Trust -- Direct College Savings Plan switched program managers in December 2010 from Union Bank and Trust Company of Lincoln, Nebraska to First National Bank of Omaha. Accounts can be linked to the Upromise rewards service....

  • Resident Rating
  • Non-Resident Rating

TD Ameritrade 529 College Savings Plan

Nebraska's TD Ameritrade 529 College Savings Plan is very similar to The Nebraska Education Savings Trust, but is offered through discount broker TD Ameritrade at a slightly higher cost than the direct-sold Nebraska plan.

  • Resident Rating
  • Non-Resident Rating

Advisor Sold Plans

Nebraska Education Savings Trust -- Advisor College Savings Plan

Nebraska Education Savings Trust -- Advisor College Savings Plan switched program managers in December 2010 from Union Bank and Trust Company of Lincoln, Nebraska to First National Bank of Omaha. Accounts can be linked to the Upromise rewards service....

  • Resident Rating
  • Non-Resident Rating

State Farm College Savings Plan

Nebraska's State Farm College Savings Plan utilizes Vanguard, State Street, DFA and iShares funds in its age-based and static portfolios. First National Bank serves as program manager and assumed responsibilities as plan distributor from Oppenheimer and OFI in August of 2018....

  • Resident Rating
  • Non-Resident Rating

ABLE plans

Enable Savings Plan

The Enable Savings Plan is issued by The Nebraska Achieving a Better Life Experience Program Trust and administered by the Nebraska State Treasurer, who serves as trustee to the Plan. The Plan offers a series of investment options within the Nebraska Achieving a Better Life Experience Program Trust. The Plan is intended to operate as a qualified ABLE program, pursuant to Internal Revenue Code Section529A....

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