<p>How do you determine the value of defined benefit pension for FAFSA? Thanks :)</p>
<p>Are you (or your parent) already receiving monthly benefits from the pension? If so, then it will show in Adjusted Gross Income. Otherwise, FAFSA does not ask for the the value of qualified retirement accounts. IRA’s, 401 K’s, other IRS qualified retirement accounts and employer sponsored pensions are not counted as assets on the FAFSA.</p>
<p>Thank you Aspiring in Salem:) appreciate it.</p>