Author: Rachel Biar, Assistant State Treasurer
The twinkling lights, festive sweaters and holiday feasts are here, and in the blink of an eye 2018 has come to a close. As we launch into another busy year of savings and growth, let’s take a moment to review the improvements, benefits and accolades that made 2018 another banner year for NEST 529.
NEST 529 Rolled Out Plan Enhancements
This past July, NEST 529 announced the latest set of enhancements and new options designed to help account owners meet their savings goals. We redesigned our age-based options as beneficiaries approach college age, as well as lowered our total annual asset-based fees. In addition, we expanded static investment options to provide account owners with more choices based on how close they are to their savings goals. Overall, the changes built upon an already strong lineup of investment options to ensure that our account owners have the best possible support as they prepare for the academic future.
NEST 529 Plans Earned High Rankings
Throughout 2018, NEST 529 has earned consistently high national rankings from SavingforCollege.com. We celebrated the NEST 529 Advisor Plan ranking in the Top 5 for 1-, 3- and 5-Year Performance in both the Second Quarter 2018 Rankings Report and the Third Quarter 2018 Rankings Report. This is the fifth consecutive quarter that the NEST 529 Advisor Plan has ranked in the Top 5 plans! The NEST 529 Direct Plan ranked in the Top 5 for 1- and 3-Year Performance in the Second Quarter 2018 Rankings Report and was ranked in the Top 5 for 1-Year Performance and Top 6 for 3-Year Performance in the Third Quarter 2018 Rankings Report.
NEST 529 Community Celebrated College Savings Month
NEST 529 officially proclaimed September ‘College Savings Month’ in Nebraska, joining a nationwide movement to raise awareness and participation in college savings by highlighting the many benefits of the NEST 529 College Savings Plan. In addition to its low fees and diversified investment options, NEST 529 marked the occasion by featuring a myriad of scholarship and giveaway opportunities. Between ‘Draw your Dreams’, ‘Read to Win’, the ‘Dear Grandchild Drawing’ and numerous other drawings offered throughout the year, NEST 529 has awarded more than $120,000 in scholarship contributions in 2018.
As we reminisce about this past year, we are reminded that 2018 has marked important milestones for NEST 529. We look forward to fueling this momentum in the years to come. As a new year will soon begin, I encourage you to connect with us on Facebook @NEST529CollegeSavings to share your story and keep up with NEST 529 news. In addition, be sure to visit www.NEST529.com/scholarships for more information on upcoming scholarship opportunities. From all of us on the NEST 529 team, we wish you and yours a happy and healthy holiday season. See you in 2019!