Meadowlark savings pledge to help families kickstart educational savings
LINCOLN—Nebraska families who welcomed new additions in 2024 will receive a financial head start, thanks to the Meadowlark Savings Pledge.This spring, a one-time $50 seed contribution will be deposited into a state-managed NEST 529 account for every Nebraska child born in 2024, as directed by the Meadowlark Act.
Families will receive a letter from the State Treasurer announcing their qualification for the Meadowlark Savings Pledge, a program designed to help children and families start saving for higher education. The starter contribution has the potential to grow over time. Students can use the funds toward qualified expenses when it’s time to continue their education after high school. In addition to Nebraska colleges and universities, funds can be used for technical, trade, and vocational schools.
