NEXT
General Information

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. Management of the plan returned to Union Bank and Trust in 2020. Accounts can be linked to the Upromise rewards service.
Our Ratingix
Fee Scoreix
5 of 5
Performanceix
N/A
- Program typeSavings
- Inception2001, but substantially changed December 2010 and December 2020
- State agencyNebraska State Treasurer and Nebraska Investment Council
- Tax deduction
- Program ManagerUnion Bank and Trust Company
- Program distributorUnion Bank and Trust Company
Ratings & Rankings
Our overall rating for NE residents
This is a recent program and does not yet have a 5-Cap Rating assigned.
Our overall rating for non-residents
This is a recent program and does not yet have a 5-Cap Rating assigned.
Savingforcollege.com’s 5-Cap Ratings provides an evaluation and comparison of 529 plans, utilizing a formula that examines dozens of factors grouped into the following categories.
0.00of 5
Each plan’s performance score is developed directly from Savingforcollege.com’s Quarterly 529 Performance Rankings. A 529 savings plan must have at least one year of performance history before they will be assigned a 5-cap rating. For those plans that are not part of our quarterly performance rankings, such as plans offering a single set of bank-based investment options, we assign a performance score by evaluating the returns currently available on similar types of investments outside of 529 plans.
Eligibility
State residency requirements:
Who can be a participant/owner in the program?
Significant time or age restrictions imposed by the program:
Alternative 529 Plans
Contributions
Maximum contributions:
Minimum contributions:
Does the program offer an e-gifting platform for receiving gift contributions?
Investment Options
Age-based/Enrollment Year investment options:
View more age-based investment optionsStatic investment options:
View more static investment optionsUnderlying investments:
View a full list of this plan’s investment optionsUnderlying fund allocations:
Portfolio Fees & Performance Lookup
Fees & Expenses
Enrollment or application fee:
Account maintenance fee:
Program management fees:
Expenses of the underlying investments:
Total asset-based expense ratio:
Taxes and other Benefits
- Tax deduction for single filers$10,000/yr
- Tax deduction for joint filers$10,000/yr
Example
Married filing jointly residents contributing $100/month can expect an additional $0 a year in tax savings.