Nebraska 529 Plan Calculator

2026

Nebraska 529 plans in 2026: deduction of up to $10,000, per return; only the NE plan qualifies. Project your college savings growth.

By Konstantin Iakovlev · Updated October 19, 2026 · Methodology

years
years
$
$
%
$
years

Total College Cost

$176,766.87

With 4% inflation

Projected Savings

$58,861.83

Funding

33%

Funding Gap

$117,905.04

Monthly Needed to Fully Fund

$750.77

529 Plan Projection

Years Until College13 years
Total College Cost (with inflation)$176,766.87
Current Balance$0.00
Total Contributions$39,000.00
Investment Growth+ $19,861.83
Projected Savings at College$58,861.83
Funding Gap$117,905.04
Monthly Contribution Needed$750.77

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Nebraska 529 State Tax Benefit (2026)

Deduction of up to $10,000, per return.

Only Nebraska plans (NEST, Bloomwell 529, State Farm 529) qualify. Rollovers in from another state's plan are deductible up to $10,000; rollovers out are recaptured.

Only the account owner (or UGMA/UTMA custodian) who made the contribution can claim. The limit is $10,000 for joint returns too ($5,000 if married filing separately). Until 2029 Nebraska treats K-12 withdrawals as nonqualified and recaptures prior deductions. Employer contributions included in your income get a separate subtraction of up to $10,000.

Coming change: From January 1, 2029, K-12 tuition withdrawals become qualified in Nebraska, matching federal rules; the deduction cap is unchanged.

Nebraska Tax & Education Facts (2026)

State Income Tax progressive (up to 4.55%)
529 State Tax Benefit Deduction of up to $10,000, per return
Plans That Qualify Only NEST Direct 529 College Savings Plan
State Plan NEST Direct 529 College Savings Plan
State Sales Tax 5.50%
Avg. Property Tax Rate 1.38%

Official Sources:

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