Give the gift of a lifetime.
There's no better way to leave a legacy to your child or grandchild than by opening a NEST Advisor Plan account. By helping a child fulfill their dreams for the future, you're doing much more than making a monetary contribution. You're creating greater opportunities for success, both in the classroom and in their career. You’re moving a child forward to dream bigger, work harder and achieve more.
A tax-advantaged NEST Advisor Plan account is also an excellent estate-planning tool. It is a way to pass on wealth while removing assets from the parent or grandparent's taxable estate without having to incur the expense to establish and maintain a trust. Unique to 529 plans, five-years of gifting can be accelerated and invested in a 529 plan in a single year.
Your contributions are considered completed gifts for estate tax purposes, and the gift grows tax-free outside of your estate while you retain control of the account and assets. Annually, you can contribute up to $15,000 ($30,000 filing jointly) per beneficiary from your federal taxable estate and up to $75,000 ($150,000 filing jointly) per beneficiary in a single year without incurring gift tax—as long as there is no additional gift to the beneficiary for five years1.
In some states, like Nebraska, your contributions into your account may be eligible for state income tax deductions or credits in the year of your contribution.
Help them dream bigger.
Speak to your financial advisor to help you get started.
Aren't ready to open your own account? That's okay. Use our gifting solutions to contribute to an existing account.