AIM Management Group of Houston announced today that it is partnering with Union Bank & Trust to provide investment products, management and distribution for Nebraska’s 529 college savings plan.

This is AIM’s third 529 plan partnership. It manages and distributes products offered through Maine’s and Alaska’s 529 plans, David Bachert, a company spokesman, said.

Under the Nebraska plan AIM will distribute, service and manage four investment options including a fixed, balanced, growth and aggressive portfolio. The plan will allow investors to direct their investments themselves or enroll in an age-based investment option that shifts assets to more conservative portfolios as the beneficiary reaches college-age.

AIM’s program is expected to be launched Nov. 1.

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