Treasurer encourages NEST 529 gifting

Tuesday, November 19, 2024

LINCOLN, Neb. — Nebraska State Treasurer Tom Briese encourages families to consider a meaningful holiday gift by contributing to the NEST 529 Education Savings Plan. This tax-advantaged plan helps save for future educational expenses while offering state income tax deductions of up to $10,000 for contributions made before December 31, 2024.

Account holders can invite others to contribute through the "Friends and Family Gifting" program at NEST529.com, with printable holiday gift cards available for recipients. Briese highlights this option as a lasting investment in a child’s future, combining financial planning with holiday generosity.

NEST 529 is managed by Union Bank and Trust Company, under oversight from the Nebraska State Treasurer and Investment Council. For more details on tax benefits and gifting options, visit NEST529.com.

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