Franklin Templeton 529 College Savings Plan
Franklin Templeton 529 College Savings Plan offers a flexible, convenient and trusted way to invest for your child’s education.
A 'Top of the Class' Choice for Your Family's Future.
We've earned the 2025 'Top of the Class' designation from Saving for College for providing exceptional value and investment choice.1
Franklin Templeton 529 is an investment account specifically designed to help families save for education expenses in a tax-advantaged way. Earnings grow tax-free, and qualified distributions are exempt from federal taxes, allowing your savings to grow faster than a taxable account.
Save for education your way
When it comes to saving for future education needs, every family is different. That's why Franklin Templeton 529 offers three investment approaches to suit your specific situation and goals.
Pick your own
Choose a goal-oriented approach with an Objective-based Portfolios or tailor your investment strategy by selecting from our Individual Portfolios.
Guide me based on a target year
Target Enrollment Year Portfolios simplify your investment decisions. Pick the one that matches the year your child will use the funds, and the asset allocation adjusts over the years to become more conservative as the enrollment year approaches. This approach helps minimize risk as you get closer to using your account to pay for qualified education expenses.
Benefits of Franklin Templeton 529 Plan
The State of New Jersey, in part through The New Jersey College Affordability Act, provides benefits to help New Jersey residents save money when investing for education with the Franklin Templeton 529 College Savings Plan. Check out these features to see how you may be able to boost your savings:
- State Tax Deduction
- New Jersey Matching Grant
- NJBEST Scholarship
Open a Franklin Templeton 529 plan and start your investment journey.
Chart your path with our tools and resources
- Source: Saving For College, awarded in September 2025. The factors Saving For College uses to examine and score each 529 plan are grouped into four categories: Performance, Ease of Use, Savings Success, and Program Delivery. A plan's four individual category scores are computed on a scale of 1 to 5 and carried out to two decimal places as displayed on the Plan Details page. The overall 529 Rating is a weighted average of these four category scores. In all of these categories, objective criteria have been established with which to compare plans, often using numerical data as the basis to evaluate a factor's score. For additional details, please refer to the official award website: https://www.savingforcollege.com/529-plan-ratings/criteria. Franklin Templeton did not pay an entry fee for the award.
All investments involve risk including possible loss of principal.
Investors should carefully consider the 529 plan’s investment goals, risks, charges and expenses before investing. To obtain the Program Description, which contains this and other information, talk to your financial professional or call Franklin Distributors, LLC, the manager and underwriter for the 529 plan at (800) DIAL BEN/342-5236 or visit franklintempleton.com. You should read the Program Description carefully before investing and consider whether your, or the beneficiary’s, home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in its qualified tuition program.
Franklin Templeton’s 529 College Savings Plan is offered and administered by the New Jersey Higher Education Student Assistance Authority (HESAA); managed and distributed by Franklin Distributors, LLC, an affiliate of Franklin Resources, Inc.,
which operates as Franklin Templeton.
Investments in Franklin Templeton’s 529 College Savings Plan are not insured by the FDIC or any other government agency and are not deposits or other obligations of any depository institution. Investments are not guaranteed by the State of New Jersey, Franklin Templeton, or its affiliates and are subject to risks, including loss of principal amount invested. Investing in the plan does not guarantee admission to any particular primary, secondary school or college, or sufficient funds for primary, secondary school or college.
This material is being provided for general informational and educational purposes and should not be considered or relied upon as legal, tax or investment advice or an investment recommendation, or as a substitute for legal or tax counsel and provided for educational and informational purposes only. Franklin Templeton does not provide legal or tax advice. Federal and state laws and regulations are complex and subject to change, which can materially impact your results. Franklin Templeton cannot guarantee that such information is accurate, complete or timely; and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information.