The NEST Direct Plan in the Nebraska Education Savings Trust (NEST) has been ranked one of the nation’s top ten performing 529 college savings plans in a recently released nationwide analysis by Savingforcollege.com.
Savingforcollege.com analyzes the investment performance figures for thousands of 529 portfolios and ranks the 529 savings plans from best to worst for one-year investment performance, three-year investment performance, five-year investment performance and ten-year investment performance.
“NEST aims to be one of the most customer-focused 529 Plans in the country, and this report reaffirms our commitment to that mission,” said Nebraska State Treasurer Don Stenberg. “We are appreciative of Savingforcollege.com for recognizing NEST and hope this analysis encourages more families to enroll with us and save for higher education costs.”
To produce the rankings, the website compared the reported investment performance of a subset of portfolios from each 529 savings plan. A plan’s performance score determines its ranking. The NEST Direct Plan, with a performance score of 33.98, places tenth overall in one-year investment performance. The study ranked plans that consumers can enroll in directly.
“We are thrilled NEST is one of the top ten performing 529 college savings plans,” said Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha. “In addition to the tax advantages, families can invest in NEST regardless of their income or state residency. NEST also offers scholarship and contest opportunities regularly so families can more easily attain their college savings goals.”
For more information about NEST, visit NEST529.com.
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 TD Ameritrade 529 College Savings Plan, and the State Farm College Savings Plan. The Nebraska State Treasurer serves as Program Trustee. First National Bank of Omaha 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 261,000 accounts, including 84,000 in Nebraska. Visit NEST529.com and treasurer.nebraska.gov for more information.
About First National Bank of Omaha
First National Bank of Omaha is a subsidiary of First National of Nebraska. First National of Nebraska and its affiliates have more than $21 billion in assets and 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.