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NEST 529 College Savings Plans Offer New Options for Account Owners

July 30, 2018

LINCOLN, Neb.--(BUSINESS WIRE)--Jul 30, 2018--First National Bank of Omaha and Nebraska State Treasurer Don Stenberg today announced enhancements to the NEST 529 College Savings Plans, including adjusted investments and lowered costs. Taking effect today, the enhancements apply to the NEST 529 Direct, NEST 529 Advisor and TD Ameritrade 529 College Savings Plans.

The changes, designed to elevate the existing strong lineup of investment options, reflect NEST 529’s desire to regularly update offerings to help account owners meet their savings goals.

Age-Based Options

Static Options

Lowered Fees

“At NEST 529, one of our goals is to offer the best possible investment options to our account owners, positioning their portfolios for success and, in turn, maximizing their savings,” said Treasurer Stenberg, Trustee of NEST 529. “We continuously re-evaluate the performance of those options—along with market conditions—to identify new opportunities, and we believe account owners will be pleased with the latest updates.”

“Establishing savings early is paramount to helping children attain a higher education and achieve their dreams later in life,” said Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha. “By implementing these improvements, we are providing families with a diverse lineup, offering them the opportunity to select from a wide array of options to find the ones that best suit their needs and allows them to achieve their unique financial goals.”

More information is available at NEST529.com, NEST529Advisor.com or treasurer.nebraska.gov.

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, the NEST Advisor College Savings Plan, the TD Ameritrade 529 College Savings Plan, and the State Farm College 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 Individual Investment Option

View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005642/en/

CONTACT: Media:

The Rosen Group

Gabrielle Wesseldyk, 212-255-0945

gabrielle@rosengrouppr.com

or

First National Bank

Terry Severson, 402-602-6549

Director of Marketing

tseverson@fnni.com

or

Nebraska State Treasurer’s Office

Jana Langemach, 402-471-8884

Director of Communications

Jana.langemach@nebraska.gov

KEYWORD: UNITED STATES NORTH AMERICA NEBRASKA

INDUSTRY KEYWORD: EDUCATION PRIMARY/SECONDARY UNIVERSITY PROFESSIONAL SERVICES BANKING FINANCE CHILDREN PARENTING CONSUMER FAMILY

SOURCE: NEST 529

Copyright Business Wire 2018.

PUB: 07/30/2018 01:40 PM/DISC: 07/30/2018 01:41 PM

http://www.businesswire.com/news/home/20180730005642/en