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.
- 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
Investment Options
Investors in Nebraska Education Savings Trust -- Direct College Savings Plan can select from the following investment options. Click on a portfolio name for more information.
Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.
| Portfolio | E.R. | % Equity | 1YR Performance |
|---|---|---|---|
| Age-Based Index Aggressive 0-2 | 0.14% | 100% | 8.08% |
| Age-Based Index Aggressive 3-5 | 0.14% | 90% | 6.86% |
| Age-Based Index Aggressive 6-8 | 0.14% | 80% | 5.79% |
| Age-Based Index Aggressive 9-10 | 0.14% | 70% | 4.59% |
| Age-Based Index Aggressive 11-12 | 0.14% | 60% | 3.56% |
| Age-Based Index Aggressive 13-14 | 0.14% | 50% | 2.54% |
| Age-Based Index Aggressive 15-16 | 0.14% | 40% | 1.96% |
| Age-Based Index Aggressive 17-18 | 0.14% | 30% | 0.89% |
| Age-Based Index Aggressive 19+ | 0.15% | 20% | -0.2% |
| Age-Based Index Moderate 0-2 | 0.14% | 90% | 6.86% |
| Age-Based Index Moderate 3-5 | 0.14% | 80% | 5.79% |
| Age-Based Index Moderate 6-8 | 0.14% | 70% | 4.67% |
| Age-Based Index Moderate 9-10 | 0.14% | 60% | 3.6% |
| Age-Based Index Moderate 11-12 | 0.14% | 50% | 2.93% |
| Age-Based Index Moderate 13-14 | 0.14% | 40% | 1.66% |
| Age-Based Index Moderate 15-16 | 0.14% | 30% | 0.89% |
| Age-Based Index Moderate 17-18 | 0.15% | 20% | N/A |
| Age-Based Index Moderate 19+ | 0.16% | 10% | -0.8% |
| Age-Based Index Conservative 0-2 | 0.14% | 70% | 4.85% |
| Age-Based Index Conservative 3-5 | 0.14% | 60% | 3.58% |
| Age-Based Index Conservative 6-8 | 0.14% | 50% | 2.56% |
| Age-Based Index Conservative 9-10 | 0.14% | 40% | 1.72% |
| Age-Based Index Conservative 11-12 | 0.14% | 30% | 0.81% |
| Age-Based Index Conservative 13-14 | 0.15% | 20% | -0.08% |
| Age-Based Index Conservative 15-16 | 0.16% | 10% | -0.68% |
| Age-Based Index Conservative 17-18 | 0.17% | 0% | -0.98% |
| Age-Based Index Conservative 19+ | 0.21% | 0% | N/A |
| Age-Based Multi-Firm Aggressive 0-2 | 0.28% | 100% | 7.07% |
| Age-Based Multi-Firm Aggressive 3-5 | 0.28% | 90% | 6.1% |
| Age-Based Multi-Firm Aggressive 6-8 | 0.28% | 80% | 4.85% |
| Age-Based Multi-Firm Aggressive 9-10 | 0.28% | 70% | 3.67% |
| Age-Based Multi-Firm Aggressive 11-12 | 0.27% | 60% | 2.72% |
| Age-Based Multi-Firm Aggressive 13-14 | 0.27% | 50% | 1.81% |
| Age-Based Multi-Firm Aggressive 15-16 | 0.26% | 40% | 1.04% |
| Age-Based Multi-Firm Aggressive 17-18 | 0.2% | 30% | 0.41% |
| Age-Based Multi-Firm Aggressive 19+ | 0.23% | 20% | -0.57% |
| Age-Based Multi-Firm Moderate 0-2 | 0.28% | 90% | 6.24% |
| Age-Based Multi-Firm Moderate 3-5 | 0.28% | 80% | 4.9% |
| Age-Based Multi-Firm Moderate 6-8 | 0.28% | 70% | 3.81% |
| Age-Based Multi-Firm Moderate 9-10 | 0.27% | 60% | 2.72% |
| Age-Based Multi-Firm Moderate 11-12 | 0.27% | 50% | 1.8% |
| Age-Based Multi-Firm Moderate 13-14 | 0.26% | 40% | 1.07% |
| Age-Based Multi-Firm Moderate 15-16 | 0.24% | 30% | 0.37% |
| Age-Based Multi-Firm Moderate 17-18 | 0.23% | 20% | -0.53% |
| Age-Based Multi-Firm Moderate 19+ | 0.22% | 10% | -0.92% |
| Age-Based Multi-Firm Conservative 0-2 | 0.28% | 70% | 3.63% |
| Age-Based Multi-Firm Conservative 3-5 | 0.27% | 60% | 2.64% |
| Age-Based Multi-Firm Conservative 6-8 | 0.27% | 50% | -0.58% |
| Age-Based Multi-Firm Conservative 9-10 | 0.26% | 40% | 2.23% |
| Age-Based Multi-Firm Conservative 11-12 | 0.24% | 30% | -0.19% |
| Age-Based Multi-Firm Conservative 13-14 | 0.23% | 20% | -0.2% |
| Age-Based Multi-Firm Conservative 15-16 | 0.22% | 10% | -0.7% |
| Age-Based Multi-Firm Conservative 17-18 | 0.2% | 0% | -1.1% |
| Age-Based Multi-Firm Conservative 19+ | 0.21% | 0% | N/A |
