Could a Roth IRA Conversion Affect a Student’s Financial Aid?
Provided by Joseph Regenstein IV, CMFC on April 27, 2010
Run the numbers, because the answer could be “yes.” An underreported story. In 2010, we have a wave of IRA owners converting traditional IRAs to Roths. There are all kinds of compelling reasons to make that move. Yet for some IRA owners, the conversion may have an unintended consequence: it may reduce their son or [...]
Read more »Tags: college financial aid, education costs, fafsa, family incomes, financial aid decisions, free application for federal student aid, Roth, roth conversions, roth ira conversion, unintended consequence
