2018-2019 FAFSA... Here we go

MACmiracle
Thu, 05 Oct 2017 01:28:50 +0000

@thumper1 I’m just hoping to reduce the amount of our assets that will be considered in the FAFSA.

Of course it will be added back to get an income amount but it won’t be assessed as assets if it’s in an IRA.

I guess I’d have to compare if we’d lose more with the penalty than anything we could gain. … Now that I think about it, I’m not sure if it will make much difference for our EFC since it will be above our costs anyway…at least instate tuition.