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Trump Accounts: How They Could Impact College Aid Eligibility
L'essentiel
- Over 6 million children signed up for Trump Accounts, with $50 million in contributions.
- While geared for retirement, funds can be used for college at 18.
- However, these accounts may reduce need-based aid eligibility by 20% of their value when reported on the FAFSA.
Résumé généré par IA
Taille de police
Over 6 million children signed up for Trump Accounts, with $50 million in contributions. While geared for retirement, funds can be used for college at 18. However, these accounts may reduce need-based aid eligibility by 20% of their value when reported on the FAFSA.
Sujets liés
This article was originally published by CNBC.
