NJBEST

for grandparents

Resources for Grandparents

Give a gift that lasts a lifetime.

We know you want to be actively involved in your grandchild's life. Helping them save for their college education will leave a lasting impact.

Parents everywhere work hard to meet the rising costs of a college education, but they don't have to go it alone. A 529 plan is one of the best ways for grandparents to actively participate in helping their grandchildren save for college.

How much will your grandchildren need for college?

The cost of college in just a few years might surprise you. Take a minute to estimate how much your grandchild's college education may cost.

Make saving for their college easy.

With NJBEST, you can make automatic monthly, quarterly or annual contributions to your account. Find out how easy it is.

NJBEST is for New Jersey families.

NJBEST 529 College Savings Plan was created by the state of New Jersey to help New Jersey families like yours save for college. See why it's a smart choice for you.

What questions do other people have about saving for college?

Figuring out how to save for college is an important decision that lots of families struggle with. Our FAQs to highlight some of the questions and concerns you all share.

A smart estate planning strategy.

529 plans offer a unique gift tax treatment that can be beneficial for estate planning purposes.

Tax benefits are conditioned on meeting certain requirements. Gift examples are general; individual financial circumstances and state laws vary--consult a tax advisor before investing. If the contributor dies within the five-year period, a prorated portion of contributions may be included in the taxable estate. Generation-skipping tax may apply to substantial transfers to a beneficiary at least two generations below the contributor. See the Investor Handbook for more complete information.

Investors should carefully consider plan investment goals, risks, charges and expenses before investing. To obtain the Investor Handbook, which contains this and other information, call Franklin Templeton Distributors, Inc., the manager and underwriter for the plan, at (877) 4NJ-BEST. You should read the Investor Handbook carefully before investing and consider whether your or the account beneficiary's home state offers any state tax or other benefits that are only available for investments in its qualified tuition program.