Help me understand how student summer earnings count

<p>You know, I hadn’t even thought about the investment angle. Son’s uncle, my youngest brother, is big on investing, (and has been extremely successful at). He and my son have talked a bunch and at the beginning of the summer, he asked me if he could invest some of his earnings, and I told him that was fine. He’s researching over the summer. I completely forgot about investment assets being tapped for FA purposes. </p>

<p>So are Roth IRA’s not tapped for FA aid? How about other IRA’s? Almost all our investments went to cover living expenses for the 9 or 10 months until my husband’s advisability claim was approved and to pay for medical expenses, testing and rehab that wasn’t covered by insurance. I was in denial for a couple years, kept thinking there had to be something, somewhere that could fix him, spent a lot of money that in retrospect I shouldn’t have, so now I’m starting over. </p>

<p>So, I’m guessing at this time he shouldn’t invest in a mutual fund which was the route I started with way back when. Guess I need to read up on the changes, can anyone point me to a source toward what options I have for any investing (I’m 52) and what options son (19) has that wouldn’t be tapped for FA. I had already figured out that I shouldn’t sell the house or have any timber harvested, at least till senior year.</p>