This question asks: “Enter the total current value of this parent’s tax-deferred retirement, pension, annuity, and savings plans. Include IRA, SRA Keogh, SEP, 401(a), 401(k), 403(b), 408, 457, 501© plans, etc.” and then in the instructions states “This information is not used in the calculation the College Board sends to your school, although some schools may use it when determining the overall financial strength of your family.”
Anyone have any experience has this question is actually used by colleges? In my case I have modest savings outside my 401k but am concerned money I’ve put into my 401K will hurt our chances for aid.