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Employer Group Plans for 529 College Savings

We help you make it easy for employees to save for college.

A mother high fiving her daughter as they do math homework

A college degree makes a big lifetime impact.

Your employees face a number of large financial expenses. You’re likely already helping them save for retirement, so help them tackle another big expense by providing them the tools to save for higher education for a child, grandchild, niece or nephew, or even themselves with a NEST 529 College Savings Plan

First National Bank is proud to be Nebraska's Educational Savings Trust Program Manager and is ready to help your employees get started through a NEST 529 College Savings Plan

Why become part of a NEST 529 Employer Plan?

  • Enhances your benefits package—provides a competitive advantage to attract and retain employees
  • Promotes the importance of higher education
  • An essential component of a well-rounded financial education program
  • If you choose to permit deposits through payroll deduction it is:
    • Easy to implement—no set-up costs and/or contracts to sign
    • Easy to administer—no open enrollment period restrictions and uses your standard payroll deduction processes

The following services are provided at no cost to your company or employee:

  • Strategy and benefit communication to your employees with the help of an experienced NEST Employer Relationship Manager
  • Savings for college seminars
  • Participation in benefit fairs
  • Employee educational materials
  • One-on-one meetings between NEST Advisors and employees
  • Assistance in setting up employer-sponsored scholarship accounts
  • Sneak peek of upcoming NEST-sponsored scholarships

Learn more about Employer Group Plans for 529 College Savings with NEST.

Learn More

The NEST Direct Plan is sponsored by the State of Nebraska and administered by the Nebraska State Treasurer. The NEST Direct Plan offers a series of investment portfolios within the Nebraska Educational Savings Plan Trust, which offers other investment portfolios not affiliated with the NEST Direct Plan. An investor should consider the Plan's investment objectives, risks, charges and expenses before investing. The NEST Direct Plan is intended to operate as a qualified tuition program to be used only to save for qualified higher education expenses, pursuant to Section 529 of the U.S. Internal Revenue Code.

The Program Disclosure Statement, which contains more information, should be read carefully before investing.

Investors should consider before investing whether their or their beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state's qualified tuition program and should consult their tax advisor, attorney and/or other advisor regarding their specific legal, investment or tax situation.

Participation in the Plan does not guarantee that contributions and the investment return on contributions, if any, will be adequate to cover tuition and other higher education expenses, or that a beneficiary will be admitted to or permitted to continue to attend an eligible educational institution.

Except for the Bank Savings Individual Investment Option, investments in the NEST Direct Plan are not guaranteed or insured by the FDIC or any other government agency and are not deposits or other obligations of any depository institution. Investments are not guaranteed or insured by the State of Nebraska, the Nebraska State Treasurer, the Nebraska Investment Council or First National Bank of Omaha or their affiliates, and are subject to investment risks, including loss of the principal amount invested. FDIC insurance is provided for the Bank Savings Individual Investment Option up to the maximum amount set by federal law, currently $250,000.

Nebraska Educational Savings Plan Trust Issuer
Nebraska State Treasurer Trustee
Nebraska Investment Council Investment Oversight
First National Bank of Omaha Program Manager
First National Capital Markets Principal Distributor, Member FINRA, Member SIPC
First National Capital Markets and First National Bank of Omaha are affiliates.

Investments Are Not FDIC Insured* | No Bank, State or Federal Guarantee | May Lose Value
*Except the Bank Savings Individual Investment Option