Protected assets

<p>What qualifies as a protected asset in the FAFSA calculations?</p>

<p>Things below the asset protection allowance…this would include money in savings, CDs, checking accounts, mutual funds, money in your shoebox under your bed, gold in your safety deposit box, anything that is not in a retirement account like an IRA/TSA (the balance of those accounts do not get added in as an asset on the FAFSA).</p>

<p>Equity in your primary home, savings in retirement accounts (IRAs, 401ks etc).</p>

<p>Value of a small (under 100 employee) business.</p>

<p>OP…correct me if I’m wrong…you are looking for the types of accounts that are included in the asset protection allowance for the FAFSA. Is that correct?</p>