Keyword Analysis & Research: njbest benefits

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How can njnjbest help you?

NJBEST offers a variety of solutions to help meet your needs. So you want to open a 529 savings account, but you aren’t able to contribute a large sum of money. That’s ok. The most important step is simply getting started. You know that college is important.

What does njbest stand for?

The New Jersey Better Educational Savings Trust Program ("NJBEST") is a higher education savings and investment program of the State of New Jersey designed to satisfy the requirements of Section 529 of the Internal Revenue Code. NJBEST is a service mark of the State of New Jersey.

What is the difference between njbest and scholarships?

While NJBEST can be used to pay for qualified expenses 1 at schools across the US and the globe, students who have NJBEST and go to college in New Jersey can receive a tax-free scholarship - up to $3000. 2 The longer you contribute at or above minimum contribution levels, the greater the college scholarship amount.

What is njnjbest 529 college savings plan?

NJBEST New Jersey’s 529 College Savings Plan is offered and administered by the New Jersey Higher Education Student Assistance Authority (HESAA); managed and distributed by Franklin Templeton Distributors, Inc., an affiliate of Franklin Resources, Inc., which operates as Franklin Templeton Investments.

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