We are in the process of completing our FAFSA for our high school senior. Under parental assets, do we include 529-plan assets for only this student, or 529-plan assets for both this student and our high school freshman? I am the owner of the accounts.
Thanks in advance!
Ryan
@BelknapPoint needs to clarify, but I believe if you are the owner, all of those 529 accounts must be listed.
All 529 accounts owned by a parent who must report financial information on FAFSA must be included in that reporting. It doesn’t matter who the current named beneficiaries are.