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 529 Tax Benefit
  • Tax deduction for single filersNone
  • Tax deduction for joint filersNone

Consumer Plans

NJBEST 529 College Savings 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.

  • Resident Rating
  • Non-Resident Rating

Advisor Sold Plans

Franklin Templeton 529 College Savings Plan

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....

  • Resident Rating
  • Non-Resident Rating