Enable Savings Plan Opens for Account Owners

National ABLE Plan for Individuals with Disabilities Marks Historic
Launch

OMAHA, Neb.–(BUSINESS WIRE)–#EmbraceEnable–The long-awaited Enable Savings Plan for qualifying individuals with
disabilities in Nebraska and nationwide was launched today by Nebraska
State Treasurer Don Stenberg and First National Bank of Omaha in a
celebration at Henry Doorly Zoo and Aquarium in Omaha.

Jacob Gehringer of Omaha, a Nebraska native and advocate for the
disability community, was the first to open an Enable account during the
celebration, which was attended by more than 450 guests, most of whom
were individuals with disabilities and their families.

Among the guests were Nebraska Lt. Gov. Mike Foley, who proclaimed June
30 as “Enable Day,” and Nebraska Sen. Kate Bolz of Lincoln, author of
state legislation in 2015 that resulted in the creation of the Enable
Savings Plan.

In addition to state officials and bank representatives were state and
national advocates including Autism Speaks and the National Disability
Institute; Jacob Gehringer and his fellow 11 “Enable Heroes” and their
families; and Jason Gieschen of Ogallala, Nebraska, the Sargent Shriver
International Global Messenger for Special Olympics.

The Enable Savings Plan provides qualifying individuals with
disabilities an opportunity to save for the future and pay for everyday
expenses in tax-advantaged savings accounts. Eligible individuals living
in Nebraska or in any other state in the United States may open accounts
online or by mail starting today by visiting EnableSavings.com.

Treasurer Stenberg is Trustee of the Enable Savings Plan, and First
National Bank of Omaha is Program Manager.

“In the past individuals with disabilities have had few options to save,
but today marks a turning point,” said Clark Lauritzen, Executive Vice
President, Corporate Banking, Wealth, Investments, First National Bank
of Omaha. “At First National, we have a history of doing what’s right
for our customers and the communities we serve. We are proud to be the
first bank in the country to offer an ABLE plan nationwide, and we look
forward to helping people with disabilities achieve their hopes and
dreams.”

“This is a momentous day for the people of Nebraska. After more than a
year of meticulous planning, we are proud to announce the nationwide
launch of the Enable Savings Plan for individuals with qualifying
disabilities living in Nebraska or elsewhere in the United States,” said
Nebraska State Treasurer Stenberg.

“We are excited to be a leader in offering these tax-advantaged savings
accounts for children and adults with qualifying disabilities to save
and invest their money without jeopardizing benefits they may receive
through public assistance programs like Supplemental Security Income and
Medicaid. We also are excited to be signing up our first account owners,
and we wish them well as they take these long-awaited steps toward
financial well-being, increasing self-sufficiency, and greater
independence,” Stenberg said.

The Enable Savings Plan was created by First National Bank and the
Nebraska State Treasurer’s Office in partnership with families and
national and state disability advocates and providers and was designed
to meet the unique needs of account owners. Intended to provide greater
financial independence for individuals with disabilities, the Enable
Savings Plan offers a variety of low-cost investment options from which
account owners can choose to meet their needs, based on age, personal
circumstances, and savings goals.

With today’s launch of the Enable Savings Plan, First National Bank is
the first financial institution in the country to develop and offer an
ABLE plan in cooperation with state government.

“The Enable Savings Plan allows people with disabilities and their
families to save as much as $100,000 without losing Social Security
benefits. Helping people feel secure in their financial future is what
we have strived to achieve. Throughout the last seven months, I have
been humbled by the many sincere, authentic, and personal stories from
future account owners and the importance of Enable to them. We are
delighted to be part of their lives and to provide an opportunity to
help people with disabilities become as self-sufficient as possible,”
Deborah Goodkin, Managing Director, Savings Plans, First National Bank,
said in a prepared statement.

Also in a prepared statement, Rachel Biar, director of the Enable
Savings Plan for the Treasurer’s Office, said the following: “Through
the many contributions of colleagues and members of the disability
community and their families, we have achieved a significant milestone.
As I watched Jacob Gehringer open the very first Enable account today, I
was filled with pride in how far we’ve come, as well as excitement for
the future goals and aspirations we have for the Enable Savings Plan.”

The Enable Savings Plan came about as a result of the federal Achieving
a Better Life Experience Act – known as ABLE – passed by Congress in
2014. The act was modeled after state-sponsored 529 college savings
programs, like the Nebraska Educational Savings Trust (NEST). College
savings programs take their name from Section 529 of the Internal
Revenue Code. ABLE programs fall under Section 529A of the IRS Code.
Treasurer Stenberg is also Trustee of NEST, and First National is
Program Manager for NEST.

To follow updates and learn more about the Enable Savings Plan, visit EnableSavings.com
or treasurer.nebraska.gov,
read the Enable Savings Plan blog,
and like Enable Savings Plan on Facebook.
To enroll, go to EnableSavings.com.

About the Enable Savings Plan

Enable is a tax-advantaged savings plan to help make saving simple and
affordable for individuals with disabilities. The Nebraska State
Treasurer serves as Trustee. First National Bank of Omaha serves as
Program Manager, and investments are approved by the Nebraska Investment
Council. Visit EnableSavings.com
and treasurer.nebraska.gov
for more information.

About First National Bank of Omaha

First National Bank of Omaha is a subsidiary of First National of
Nebraska. First National of Nebraska is the largest privately owned
banking company in the United States. First National and its affiliates
have $20 billion in managed 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 and Checking Account Options

Contacts

The Rosen Group
Abby Berman Cohen, 646-695-7044
Vice President
abby@rosengrouppr.com
or
First
National Bank
Mary Hoffa, 402-602-6549
Director of Marketing
mhoffa@fnni.com
or
Nebraska
State Treasurer’s Office
Jana Langemach, 402-471-8884
Director
of Communications
Jana.langemach@nebraska.gov