529 News

Recent State News

Nebraska senators have ideas to boost college savings for Nebraska students

A handful of senators will introduce several bills designed to encourage more families to contribute to a 529 college savings plan administered by the Nebraska Educational Savings Trust.State Treasurer John Murante, who serves as trustee for the account, said the proposals will "dramatically increase access and awareness to Nebraska's college savings program.

California Treasurer Ma and Assembly Majority Leader Calderon seek income tax deductions for contributors to state’s 529 college savings plan

A bill that would offer a targeted tax incentive for those contributing to the state’s ScholarShare 529 Plan got a big boost with the introduction of Assembly Bill 211 (AB 211).AB 211, authored by Assembly Majority Leader Ian Calderon and sponsored by Treasurer Ma, would provide a state income tax deduction when an individual contributes to one or more ScholarShare 529 accounts up to a limit of $5,000 for single taxpayers and $10,000 for those who file jointly.

NEST 529 College Savings kicks off 2019 with new account bonus

First National Bank of Omaha and Nebraska State Treasurer Don Stenberg announced Jan. 2 the launch of the NEST 529 College Savings Plan New Year New Account $100 Bonus.From Jan. 1 through March 31, the first 200 individuals to open and contribute a minimum of $100 each to a new NEST Direct or NEST Advisor 529 College Savings account will receive an additional $100 contribution to the account.

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