New Jersey 529 College Savings Plans
New Jersey has two 529 savings programs, both managed by Franklin Templeton Investments. One 529 plan is direct-sold and available only to New Jersey residents (NJBEST), and the other is sold nationwide through financial advisors (Franklin Templeton 529 College Savings Plan).
Click on the links below to read more about each NJ 529 plan.
New Jersey's NJBEST 529 College Savings Plan is managed by Franklin Templeton and features age-based and static portfolio options utilizing mutual funds and/or ETFs along with a money market option.
Advisor Sold Plans
New Jersey Franklin Templeton 529 College Savings Plan is an advisor-sold 529 savings program managed by Franklin Templeton featuring age-based and static portfolio options utilizing mutual funds and/or ETFs along with a money market option....
The NJ ABLE Plan is offered through the National ABLE Alliance. The program is established under the state's ABLE legislation and Section 529A and administered by the New Jersey Department of the Treasury, in cooperation with the New Jersey Department of Human Services. It allows an account owner to save for qualified disability expenses without disqualification from federal benefits....