Treasurer Stenberg, Nebraska Educational Savings Trust (NEST),
First National Bank to Celebrate Teach Children to Save at Lincoln School
Photos by Jana Langemach
Media Advisory
WHAT:
State Treasurer Don Stenberg and a modern day Ben Franklin will help “Teach Children to Save” in Lincoln with fourth graders at Ruth Hill Elementary School. The Teach Children to Save program, part of a national initiative developed by the American Bankers Association, will reach more than 1,600 fourth graders in school presentations across Nebraska in April and May. It is sponsored in Nebraska by First National Bank of Omaha.
WHEN:
Monday, May 4 2015, 8:20 a.m.
WHERE:
Ruth Hill Elementary School, 5230 Tipperary Trail, Lincoln.
WHO:
Don Stenberg, Nebraska State Treasurer; Christina Kahler, Director of Marketing, College Savings, First National Bank of Omaha, program manager for Nebraska’s 529 College Savings Plan (NEST) and Benjamin Franklin (portrayed by a local “savings” expert).
WHY:
American youth develop spending habits before savings habits, according to the American Bankers Association. The Teach Children to Save program helps educate young people and their families about the importance of saving money to achieve their dreams, especially post-secondary education.
Recognizing the importance of these savings lessons, the State Treasurer, NEST and First National Bank of Omaha are collaborating on an initiative to expand on the ideals and concepts behind Teach Children to Save with a comprehensive program focused on building dreams for the future and learning how to save for those dreams.
NEST is a tax-advantaged 529 college savings plan and provides four plans to help make saving for college simple and affordable: NEST Direct College Savings Plan, the NEST Advisor College Savings Plan, the Bloomwell 529 Education Savings Plan, and the State Farm 529 Savings Plan. The Nebraska State Treasurer serves as Program Trustee. Union Bank & Trust Company serves as Program Manager, and all investments are approved by the Nebraska Investment Council. Families nationwide are saving for college using Nebraska’s 529 College Savings Plans, which have more than 285,000 accounts, including over 94,000 in Nebraska. Visit NEST529.com and treasurer.nebraska.gov for more information.
