With the end of the year quickly approaching, now is a great time to check in on your college savings goals and take advantage of opportunities that could benefit your family now and in the future.
Here’s how to make the most of your NEST 529 Education Savings Plan before December 31.
1. Contribute Before the Deadline for Nebraska Tax Benefits
Contributions made to NEST 529 accounts by account owners on or before December 31, 2025, may qualify for a Nebraska state income tax deduction — up to $10,000 per year (or $5,000 if married filing separately).1
Even a small, one-time contribution before year-end can make a difference. If you’re looking to reduce your 2025 taxable income while giving your child or grandchild a meaningful head start, this is one deadline not to miss.
2. Roll Over from Another 529 Plan to Keep More Nebraska Benefits
Already saving with another state’s 529 plan? Consider consolidating your college savings by rolling those funds into your NEST 529 Education Savings Plan. If the funds from the rollover are received before December 31, it may still qualify for Nebraska’s state tax deduction.12
It’s a smart move that simplifies your finances and helps keep your savings working harder for your family — right here in Nebraska.
When considering a rollover, make sure to review the various advantages and disadvantages with your tax and financial advisor, including any potential recapture of tax deductions received from the original state, as well as whether any penalties or charges may apply.
3. Use the College Savings Calculator
Not sure if you’re saving enough or where to start? The NEST 529 College Savings Calculator helps you visualize how your savings could grow over time.
Simply enter your child’s age, your savings goals, and the type of school they may attend — whether a four-year university, community college, or trade program. The calculator gives you a personalized snapshot of your progress and helps you set realistic, achievable goals.
Try the NEST 529 College Savings Calculator.
4. Automate Your Savings with Recurring Contributions
Let’s be honest: life gets busy. Between school lunches, sports practices, dentist appointments, and more, it’s easy to forget to move money into your loved one’s NEST 529 account.
Setting up automated recurring contributions is a simple, low-stress way to stay consistent without adding another task to your to-do list. Whether you choose monthly, quarterly, or annual deposits, automation takes the guesswork out of saving and helps you build their future one step at a time.3
You’ll be surprised how much progress you can make with just $50 a month.
Don’t Wait — December 31 Is the Final Day to Act
The December 31 cutoff is your last chance to lock in 2025 tax benefits. Whether you’re making your first contribution, adding a final boost, or rolling over from another plan, NEST 529 makes it easy to take action before the year ends.
To learn more or open an account, visit NEST529.com.