Federal Government Employee ISO options/ideas to minimize income and EFC on FAFSA

[bgbg4us]

@mommdc

However, pretax contributions to 401k or insurance can reduce AGI, and therefore MAGI, which will matter for claiming education credits.

ok - can you explain this?? what’s MAGI compared to AGI? I ask because we are super close to that AOTC line . . . . thanks