The Nebraska Investment Council approves the investments for the NEST Direct, NEST Advisor, Bloomwell, and State Farm College Savings Plans as well as the Enable Savings Plan.
Nebraska Educational Savings Trust (NEST)
The Nebraska Educational Savings Plan Trust was established by the Nebraska State Legislature with a January 1, 2001, effective date. The Plan is an Internal Revenue Code Section 529 Plan providing tax-deferred growth of funds for higher education costs. Participants can choose between the NEST Direct Plan, the NEST Advisor Plan, the TD Ameritrade 529 College Savings Plan, and the State Farm Savings Plan.
Trustee: Nebraska State Treasurer
Investment Oversight: Nebraska Investment Council
NEST Direct Plan
The NEST Direct Plan allows the participants to directly manage their own account.
For more detailed information on the NEST Direct Plan and the investment options, please visit www.NEST529Direct.com.
NEST Advisor Plan
The NEST Advisor Plan is offered to individuals who are working with a financial advisor.
For more detailed information on the NEST Advisor Plan and the investment options, please visit www.NEST529Advisor.com.
Bloomwell 529 Education Savings Plan (Previously TD Ameritrade 529)
Participant accounts can be set up directly with Bloomwell and participants are offered similar investment options as those offered to participants with the NEST direct and advisor accounts.
For more information on the Bloomwell 529 Education Savings Plan, please visit www.bloomwell529.com
State Farm College Savings Plan
State Farm agents market a series of the Nebraska Educational Savings Plan Trust under the State Farm name.
For more detailed information on the State Farm College Savings Plan and the investment options, please visit www.statefarm.com or contact a registered State Farm Agent.
Enable Savings Plan
The Enable Savings Plan is issued by The Nebraska Achieving a Better Life Experience Program Trust (Nebraska ABLE) and administered by the Nebraska State Treasurer. The Enable Savings Plan is intended to operate as a qualified ABLE program, pursuant to Internal Revenue Code Section 529A. Nebraska ABLE was passed by the Nebraska Legislature in the 2015 Legislative Session and signed into law May 27, 2015, by Gov. Pete Ricketts. The law allows Nebraskans with certain disabilities to create tax-advantaged ABLE savings accounts to use to pay for qualified disability-related expenses.
Trustee: Nebraska State Treasurer
Investment Oversight: Nebraska Investment Council
For more detailed information on the Enable Savings Plan, please visit www.enablesavings.com.
