<p>Can anyone please tell me if 401K's are included in the assets for determining aid?</p>
<p>Formula wise, no. But when you fill out PROFILE or a college's own app, they ask for $$ in the retirement accounts, and it could make a difference. FAFSA, not at all.</p>
<p>Assets in 401K's are definitely NOT counted for FAFSA. However, the money you put into your 401K during the year will be added back into earnings for that year.</p>
<p>I believe they do for the Profile, though that may be a question specific to certain schools.</p>
<p>x-posted w/coth</p>
<p>Ento, you are right about FAFSA including the contributions to the plans. I had left that out the first time I filed, and one school found that error and added it in afterwards. So, my EFC went up a bit because of that. I thought that was a little weird, but that's what happened.</p>