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Could having an account impact my eligibility for college financial aid?

Withdrawals from IRAs can jeopardize financial aid for the year following the withdrawal. But, in general, qualified retirement accounts are not counted towards federal financial aid. To be safe though, we suggest you carefully review your own circumstances with a tax expert, financial advisor, or your financial aid office.

Articles in this section

  • Why don't my contributions show up on my W2?
  • Could saving for retirement impact my disability benefits?
  • Could having a Minnesota Secure Choice account impact my eligibility for federal assistance programs like SNAP or TANF?
  • Could having an account impact my eligibility for college financial aid?
  • Am I eligible for the Saver's Credit from the IRS if I participate in the program?

Related articles

  • Could having a Minnesota Secure Choice account impact my eligibility for federal assistance programs like SNAP or TANF?
  • Who is responsible for choosing the available investment options?
  • Could saving for retirement impact my disability benefits?
← SecureChoice.mn.gov