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Franklin Templeton Investments distributes two 529 College Savings Plans. Below you can find certain information about each plan and the benefits of a 529 College Savings Plan.
Franklin Templeton and NJBEST 529 College Savings Plan Comparison Chart¹
AVAILABILITY | DISTRIBUTION CHANNEL | INITIAL MINIMUM INVESTMENT | PROGRAM MANAGEMENT FEE | SALES CHARGE | INVESTMENT OPTIONS | SCHOLARSHIP OPPORTUNITY | |
---|---|---|---|---|---|---|---|
Franklin Templeton 529 College Savings Plan | Available nationwide | Financial Advisor or Direct Sold (open an account on your own) | $250 OR $25 with Automatic Investments | 25 BPS | Waived (A Shares at NAV) | 3 Age-Based Portfolios2 5 Objective-Based Portfolios 9 Individual Portfolios |
For NJ Account Owners: Students attending New Jersey colleges or universities can receive a tax-free scholarship worth up to $1,500 depending on how long the plan has been open. See the Investor Handbook for details. |
NJBEST College Savings Plan 529 Plan | Account owner or beneficiary must be a resident of New Jersey | Direct Sold (open an account on your own) | $25 | 10 BPS | None | 3 Age-Based Portfolios 4 Objective-Based Portfolios 2 Individual Portfolios |
For NJ Account Owners: Students attending New Jersey colleges or universities can receive a tax-free scholarship worth up to $1,500 depending on how long the plan has been open. See the Investor Handbook for details. |
Investors should carefully consider 529 plan investment goals, risks, charges and expenses before investing. To obtain the Investor Handbook, which contains this and other information, talk to your financial advisor or call Franklin Templeton Distributors, Inc., the manager and underwriter for the 529 plan at (800) DIAL BEN / (800) 342-5236 or visit franklintempleton.com. You should read the Investor Handbook 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.
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Franklin Templeton Distributors, Inc.
This website is for US residents.
This website is for US residents.
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