NEST Direct College Savings Plan

The Nebraska Education Savings Trust Direct College Savings Plan is a 529 plan designed to help families save for higher education expenses. One unique aspect of this plan is that it is direct-sold, allowing individuals to open and manage their accounts directly without the need for a financial advisor. The plan offers a variety of investment options, including age-based portfolios and individual fund options, providing flexibility for account holders to customize their investment strategy. It offers 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 on contributions made to the plan, further enhancing the savings potential.