IRA Rollover & Financial Aid Implications

thumper1
Sun, 12 Jul 2015 22:44:22 +0000

The IRA roller over is not seen as such when you use the IRS Data Retrieval tool. BUT you contact the financial aid office with the proper documentation, and they can make the adjustment. This is a well known issue. It should not raise your EFC to do a direct rollover once the school makes the adjustment.