Employer Matching Contribution Incentive Program

The Employer Matching Contribution Incentive Program provides incentive payments to employers that make matching contributions to their employees’ Nebraska Educational Savings Plan Trust (“NEST”) accounts. NEST consists of four 529 plans: the NEST Direct College Savings Plan, the NEST Advisor College Savings Plan, the Bloomwell 529 Education Savings Plan, and the State Farm 529 Savings Plan.

Employers may receive an incentive payment equal to 25% of their total eligible contributions, up to $2,000 per contributing employee (see the Employer Matching Contribution Incentive Program Rules for details). Incentive payments are based on amounts an employer contributed to NEST accounts during the immediately preceding calendar year.

In order to receive an incentive payment under the Employer Matching Contribution Incentive Program, an employer must submit an application to:

NEST Employer Matching Program
PO Box 83529
Lincoln, NE 68501-3529

The 2023 application period has ended. The deadline for 2023 applications was June 1, 2024.