NEXT
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
Consumer Plans
Did you know that you can open a 529 plan offered by another state? Here's an alternative plan for you to consider:
Featured 529 Plan
Invest529, Virginia's direct-sold college savings plan is available to residents of any state, and offers low fees, diverse investment options and tax benefits for residents.
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.
A good place to start:
A good place to start:
See the best 529 plans, personalized for you
See the best 529 plans, personalized for you
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....
ABLE plans
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....