Savers: Shelter assets & set up 529s right – Don’t get punished & receive less aid for your kids!

If you’re an aggressive saver or planner, then one of the things you may have considered is to save up for your kids’ college using a 529 plan – but have you ever looked up how they can affect what…

Savers: Shelter assets & set up 529s right - Don't get punished & receive less aid for your kids!

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If you’re an aggressive saver or planner, then one of the things you may have considered is to save up for your kids’ college using a 529 plan – but have you ever looked up how they can affect what your kids can get for financial aid?

Where/who holds assets WILL affect your Expected Family Contribution (EFC) when your kids file their Free Application for Federal Student Aid (FAFSA). Be sure to do your research and plan ahead of time – start by watching this video!

#fafsa #529 #529plans #savingforcollege

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