Inherited IRA

thumper1
Mon, 29 Jan 2018 21:37:41 +0000

I would tell your daughter to keep the money IN this IRA. It is a nice gift from her BF, and I’m sorry to hear about his death.

The reality is…this court reporting school likely doesn’t meet full need for students with its financial aid anyway. So withdrawing the funds would simply mean…she wouldn’t have them in her retirement portfolio…it would NOT mean additional aid…it would probably mean LESS.

I agree with @blossom this is NOT anything a reputable college financial aid official would every suggest to anyone.

How did this individual even KNOW about this IRA account balance? It’s not mentioned at all on the FAFSA…and it would be appalling to me if a court recording school financial aid office asked this as a separate question.

Isn’t court reporting school only one year long? How much does this school cost?

If it’s a FOR profit school, i would suggest your daughter look elsewhere to get this training.