NEST, the Nebraska Educational Savings Trust, which provides Nebraska’s 529 College Savings Plans, is offering a $25 bonus promotion to help you invest in your child’s future education.
These NEST 529 promotional offers are only open to legal residents of Nebraska.
Kids Savings Program $25 Bonus
Children in Nebraska can earn a $25 NEST Direct College Savings Plan bonus by making deposits into a minor savings account at a participating First National or affiliate bank.
After a child makes a deposit of $5 or more on each of 5 visits into his or her minor savings account (for a minimum total of $25), the child will be eligible to receive a $25 bonus into his or her NEST Direct College Savings Plan account.
How To Qualify for $25 NEST Bonus
1. Just visit a participating bank with your child on 5 different days to deposit $5 or more per visit into his or her minor savings account within 12 months of your initial deposit (for a minimum total of $25).
2. After your first deposit, watch your mail for the automatic enrollment notification.
3. After your fifth deposit, you will receive a Completion Packet in the mail with instructions on how to receive your child’s Kids Savings Program NEST $25 Bonus.
Check out the NEST Promotional Page to review this and other offers.
NEST $25 Promotional Terms
The Kids Savings Program Nebraska Educational Savings Trust (NEST) $25 Bonus offer is available to new and existing NEST Direct College Savings Plan and NEST Advisor College Savings Plan account owners for whom the beneficiary on the NEST Plan account has completed the Kids Savings Program.
The child must have a minor savings bank account at one of the following banks:
- First National Bank of Omaha
- Farmers & Merchants State Bank
- First National Bank North Platte
- First State Bank
- First National Bank Fremont
- Washington County Bank
- York State Bank
- First National Bank
The child will receive a no-cost Kids Savings Program wallet in the mail when the child makes a deposit into his/her minor savings bank account at a bank listed above.
Each time a deposit is made into the minor savings bank account at a bank, the child can enter his/her deposit on the wallet.
Deposits must be made by the child in person in the bank or at the drive-through. Automatic deposits, ATM, or ACH deposits are not eligible.
After 5 eligible deposits of at least $5 each on 5 different days within 12 months of your initial deposit, the child will receive a NEST $25 Bonus Claim Form in the mail with instructions as to how to become eligible to receive the bonus.
NEST Bonus Claim Form Redemption
The NEST Plan account owner must complete, sign, and send the official NEST $25 Bonus Claim Form using the envelope provided in the completion packet.
The NEST Plan account must be opened in good order prior to sending in the NEST $25 Bonus Claim Form.
The NEST Plan account beneficiary indicated on the NEST $25 Bonus Claim Form must be for the same child that is named on the minor savings bank account into which deposits have been made as part of the Kids Savings Program.
The bonus will be deposited into the NEST Plan account indicated on the NEST $25 Bonus Claim Form within 60 days after receipt of the NEST $25 Bonus Claim Form.
The Bonus will not be paid out in cash, but will be invested in the NEST Plan account according to the standing investment allocation for the NEST Plan account.
The NEST Plan account owner will be sent a confirmation statement indicating that the bonus has been applied to the NEST Plan account.
There is a limit of 1 NEST $25 Bonus Claim Form per child, and there is a limit of 1 bonus per beneficiary, even if the beneficiary is the named beneficiary on multiple NEST Plan accounts.
The bonus is not eligible to claim as a deduction for Nebraska state income tax purposes.
Take advantage of this promotion from NEST for Nebraska residents.
Review these other 529 State Programs with Matching Contributions to increase your savings toward your child’s college education.
Participate in these NEST promotions to earn $25 in college bonus cash.