Should I increase my 401K contributions in order to decrease my income for FAFSA?

[thumper1]

@MMRose

When we filled out FAFSA we had to add the 401k contributions back in, as they were considered discretionary and therefore eligible for tuition.

I don’t believe you (the parent) added these in…but the colleges did add these back in as income. I’m not sure if this is still the case but I’m sure @kelsmom knows.