Who We Are

New Jersey Prepaid Funeral Trust Fund

Consumers and funeral directors have confidently trusted the New Jersey Prepaid Funeral Trust Fund™ (NJPFTF) as their vehicle of choice for a consistent, straightforward and dependable way to prefund funerals. 

Operated by the New Jersey State Funeral Directors Association, Inc. (NJSFDA) and governed by a Board of Trustees, the trust fund was established by and for the members of the NJSFDA in 1981. The NJPFTF was created for the sole purpose of safekeeping consumers’ prepaid funeral monies with the premise of what is good for consumers is good for funeral homes.

The NJPFTF financial highlights for the year ended December 31, 2018 are as follows:

  • 48,484 consumer accounts
  • Over 600 participating New Jersey funeral homes 
  • Net growth of just over $2.4 million, including interest, deposits and withdrawals
  • Annualized net yield to each consumer account of 1.62%
  • $366.2 million in trusted accounts since its inception in 1981

How It Works

If the NJPFTF did not exist, most funeral directors would have to deposit prepayments into individual trust accounts and handle each account separately. By contrast, the NJPFTF provides a safe, well-managed trust earning competitive interest rates. Your funds are pooled with thousands of other accounts in jumbo certificates of deposit, and the interest earned over time can help offset the cost of inflation. Prepaying your funeral in full and not making any withdrawals should assist your funeral director in providing the services and merchandise you selected when it is needed.


On the day the NJPFTF receives your contract and check, your money is deposited into the trust fund and will begin accruing interest immediately. The Trustees only invest in FDIC insured bank deposits. The interest earned on those deposits will vary according to current market rates.

Each year, the NJPFTF will send you a Grantor Trust Tax Information Statement detailing account activity, gross taxable interest and fiduciary fees. Interest income is reportable if you are required to file an income tax return with the Internal Revenue Service.

Account Transparency

The New Jersey Prepaid Funeral Trust Fund™ provides consumers with 100% transparency through the provision of annual account statements and up-to-date account balance information. This information is available by telephone Monday through Friday from 9:00 a.m. to 5:00 p.m. at 800.286.3628 or online 24 hours a day, 365 days a year.

To check online balances, consumers can visit the Check CHOICES Balances and Tax Statements section or click the CHOICES logo on the home page. Simply log in using the CHOICES contract ID or account number and the last four digits of the Social Security number used to open the account. Online balance information is updated daily and reflects all deposits and interest earned.