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Nebraska 529 plan: tax break and facts

Nebraska taxpayers can get a state tax deduction for contributing up to $10,000 (single) or $10,000 (joint) a year, generally only for the in-state plan. Here are the facts on Nebraska's direct-sold 529 plan (the one you open yourself, without an advisor).

Plan
NEST Direct College Savings Plan
Official site
https://www.nest529direct.com/
Program manager
not found
Expense ratio range
not found
Minimum contribution
not found
State tax break (2026)
$10,000 single / $10,000 joint (deduction)
Tax parity (any state's plan)
No
Max account balance
$550,000

What Nebraska law says

Nebraska provides an annual deduction of, beginning January 1, return for both individual andjoint filersmarried filing jointly(up to $5,000 eachfor married filingseparate). Nebraska has a § 529A ABLE Act program entitled the “Enable Savings Plan.” separately).In addition, beginning January 1, 2021 , Nebraska provides a deduction for contributionsmade by an employer into a Nebraska educational savings plan trust account owned by anemployee.SeeNeb. Rev. Stat. § 77-2716(8)(c). Beginning January 1, 2029, qualified withdrawals will include a distribution froman account to pay the costs of attending kindergarten through grade twelve. Nebraska has a § 529A program. the Nebraska Enable Savings Plan administered by the Nebraska State Treasurer. Contributions made to the plan are allowed an annual deduction up to $10,000 per tax return for individual and married filing jointly (up to $5,000 eachf

Summary of state law from the ICI 2025 state tax survey; it may predate 2026 changes.

2026 limits and parity: Savingforcollege. Manager, fees and minimum: only when stated on the plan's homepage text we read (2026-10-12); otherwise 'not found'. Check the plan's disclosure document for exact fees.

FAQ

Does Nebraska have a 529 tax deduction?

Yes: a deduction for up to $10,000 (single) / $10,000 (joint) of contributions in 2026

Do I have to use my own state's plan?

No. You can use any state's plan; you may lose your state's tax break if your state doesn't offer tax parity.

Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.