- 529 Plans
- 529 Plan Ratings and Rankings
- Choosing a 529 Plan
- Resources
- College Savings 101
- How to Save for College
- Other Savings Options
- Tools and Calculators
- Student Loans
- Ratings and Reviews
- Paying for College
- Tools and Calculators
- For Professionals
- Advisor Resources
- Tools and Calculators
- Subscriptions
- 529 Plan Ratings and Rankings
- Choosing a 529 Plan
- Resources
- How to Save for College
- Other Savings Options
- Tools and Calculators
- Ratings and Reviews
- Paying for College
- Tools and Calculators
- Advisor Resources
- Tools and Calculators
- Subscriptions
- Account
Nebraska 529 plans
Nebraska residents receive outstanding state plan benefits.
Learn about state tax benefits ↓Nebraska residents receive outstanding state plan benefits.
Learn about state tax benefits ↓Featured 529 plans for Nebraska residents:
State tax deduction or credit
Contributions by an account owner who files a Nebraska state income tax return, including the principal and earnings portions of rollovers from another qualified college savings plan not issued by the State of Nebraska, are deductible in computing the account owner's Nebraska taxable income for Nebraska income tax purposes in an amount not to exceed $10,000 ($5,000 for married taxpayers filing separate returns) in the aggregate for all contributions to all accounts within the Trust in any taxable year. Contributions by a custodian of an UGMA or UTMA account who is also the parent or guardian of the Beneficiary of an UGMA or UTMA account may claim this deduction. Contribution deadline is December 31 postmark.
Which 529 plans does Nebraska offer?
Nebraska offers two direct-sold 529 savings plans and two advisor-sold 529 savings plans available to residents of any state. Direct-sold programs NEST529 Education Savings and Bloomwell 529 Education Savings Plan utilize multiple leading investment managers within their portfolio options. The NEST529 Advisor Plan also employs a multi-manager approach, while the advisor-sold State Farm 529 Savings plan offers investments from Vanguard, State Street, Dimensional and iShares.
Direct sold 529 plans
"Do-it-yourself" type plans in which the saver enrolls and sets up the initial investment. Fortunately most 529 plans make this simple! You'll pay no sales charges beyond fund and administrative fees.
Our rating
3.5 / 5
Advisor sold 529 plans
Plans offered by investment professionals. You'll gain the guidance of a financial advisor, but will incur sales charges and/or fees as you invest.
Our rating
4 / 5
Special award
Our rating
4 / 5
Special award
ABLE Plans
529 ABLE accounts let Americans with disabilities save tax-deferred for education and other expenses without impacting eligibility for public benefits.
ABLE Plan
The Enable Savings Plan is issued by The Nebraska Achieving a Better Life Experience Program Trust and administered by the Nebraska State Treasurer, who serves as trustee to the Plan. The Plan offers a series of investment options within the Nebraska Achieving a Better Life Experience Program Trust. The Plan is intended to operate as a qualified ABLE program, pursuant to Internal Revenue Code Section529A.
A good place to start:
See the best 529 plans, personalized for you
The latest articles and tips to help parents stay on track with saving and paying for college, delivered to your inbox every week.
Saving For College is an unbiased, independent resource for parents and financial professionals, providing them with information and tools to understand the benefits of 529 college savings plans and how to meet the challenge of increasing college costs.
