Bloomwell 529
The Bloomwell 529 Education Savings Plan is a Nebraska-based 529 plan that offers families a range of features and benefits to save for higher education expenses. One unique aspect of this plan is its socially responsible investment options, allowing account holders to invest in funds that align with their values and support environmentally and socially conscious companies. The plan offers a variety of investment portfolios, including age-based and individual fund options, providing flexibility and customization. Account holders can enjoy tax advantages such as tax-free growth and tax-free withdrawals for qualified education expenses. Nebraska residents may also be eligible for a state income tax deduction for contributions made to the plan, maximizing savings potential.
EnrollState Tax Incentive
$5,000 single / $10,000 joint beneficiary
Program Manager
UBT
Investment Manager(s)
Vanguard, T. Rowe Price, DFA, Goldman Sachs, Nuveen
Plan type
Direct
Investments
Guided Investments
age-based
ESG Investments
No
Avg. expense fee
0.230%
Fee Range
0.18%-0.50%
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
63%
for NE residents
45%
non-residents
Saving For College
Unbiased, independent resource for parents.
5
for NE residents
4.5
non-residents
Morningstar Rating
Once a year, the financial services firm Morningstar releases its 529 ratings.
Other
Connect with Mint.com
Track your finances in one place.
Yes
Connect with Backer
Full end to end enrollment, gifting and plan management.
Gifting Only
Mobile app
Backer App covers this plan.
No
General Recommendation
This is a direct sold 529 plan, rated as bronze by Morningstar.
