Golden egg

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The FAFSA formula only cares about retirement contributions for the 12-month period that the application covers. As I already mentioned, the contributions are considered untaxed income. The FAFSA, however, never asks about how much you have stashed away in retirement accounts because that is irrelevant for financial aid purposes. You could have millions sitting in retirement accounts, but it wouldn’t increase your EFC at all. Penguin Mascot, Golden Egg Easter, Golden Egg, Jack And The Beanstalk, Investment, Egg, Easter, Stock Photos, Paintings

The FAFSA formula only cares about retirement contributions for the 12-month period that the application covers. As I already mentioned, the contributions are considered untaxed income. The FAFSA, however, never asks about how much you have stashed away in retirement accounts because that is irrelevant for financial aid purposes. You could have millions sitting in retirement accounts, but it wouldn’t increase your EFC at all.

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