The Rosen Group
Director of Marketing
First National Bank
NEST 529 College Savings Plans Earn Top-Five Rankings in Second Quarter Report from Savingforcollege.com
Advisor Plan Ranked in Top 5 for 1-, 3- and 5-Year Performance, Direct Plan Ranked in Top 5 for 1- and 3-Year Performance
Lincoln, Neb. (September 4, 2018) - The NEST 529 Advisor Plan and the NEST 529 Direct Plan have both secured top-five rankings in the SavingforCollege.com Second Quarter 2018 Report. First National Bank of Omaha is Program Manager of the plans, with Nebraska State Treasurer Don Stenberg serving as Trustee.
Performance was assessed from April 1, 2018, through June 30, 2018. According to results, the NEST 529 Advisor Plan was ranked among the top five advisor-sold plans for one-, three-, and five-year performance, marking the fourth consecutive quarter that the plan has ranked in the top ten. In addition, the NEST 529 Direct Plan was ranked third for one-year performance and fifth for three-year performance.
SavingforCollege.com, a provider of college savings information and research, evaluated the nation’s largest direct and advisor-sold plans to determine the rankings, which were derived using the average of each plan’s relevant portfolio performance in seven unique asset allocation categories: 100 percent Equity, 80 percent Equity, 60 percent Equity, 40 percent Equity, 20 percent Equity, 100 percent Fixed and 100 percent Short Term.
“We are pleased our efforts to make NEST 529 a top savings option for families around the country have resulted in these exciting performance results, and we are happy our account owners are enjoying the benefits of these excellent plans,” said Treasurer Stenberg. “Our partnership with First National Bank of Omaha has led to numerous successes over the years, and with each accomplishment, we have continued to seek ways to improve and expand our offerings. With our account owners and their loved ones’ futures in mind, we are eager to continue this mission.”
“On behalf of NEST 529, I would like to thank our investment management team, the Nebraska Investment Council and its investment consultant, as well as the State Treasurer’s Office, all of whom work together to offer strong investment options,” said Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha. “NEST 529’s positive rankings across both the Direct and Advisor plans are a result of our keen ability to adapt to market conditions and to account owner needs. We are extremely thorough in our quarterly reviews to ensure that all of the NEST 529 plans are high quality and positioned for success.”
About NEST 529
NEST 529 is a tax-advantaged 529 college savings plan and provides four plans to help make saving for college simple and affordable: NEST Direct College Savings Plan, NEST Advisor College Savings Plan, TD Ameritrade 529 College Savings Plan, and State Farm 529 Savings Plan. The Nebraska State Treasurer serves as Program Trustee. First National Bank of Omaha serves as Program Manager, and all investments are approved by the Nebraska Investment Council. Families nationwide are saving for college using Nebraska’s 529 College Savings Plans, which have more than 260,000 accounts, including over 82,000 in Nebraska. Visit NEST529.com and treasurer.nebraska.gov for more information.
About First National Bank of Omaha
First National Bank is a subsidiary of First National of Nebraska. First National and its affiliates have more than $21 billion in assets and 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.
Investments Are Not FDIC Insured* · No Bank, State or Federal Guarantee · May Lose Value
*Except the Bank Savings Investment Option