Never heard IRAA is treated as savings.

Never heard IRA is treated as savings since IRA is parents' security for retirement and not considered as income readily accessable though you can borrow some for college expenses.  Even it's treated as savings, unless you have millions of cash, it barely affects your EFC unless it's under kid's name.  I wouldn;t worry about cash too much.

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Even maximize IRA in Roth is a good strategy! -Yangtze430030- 给 Yangtze430030 发送悄悄话 Yangtze430030 的博客首页 (155 bytes) () 08/30/2012 postreply 12:38:04

I meant The higher the untaxed income, the lower the MAGI if tot -Yangtze430030- 给 Yangtze430030 发送悄悄话 Yangtze430030 的博客首页 (0 bytes) () 08/30/2012 postreply 12:39:07

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