<p>I'm just wondering how far in advance the funds need to be transferred (for example, from a student savings or investment account) to a student 529 account. Can it be done the day before FAFSA or CSS profile is submitted? Or does it have to have been done a year before? Or somewhere in between?</p>
<p>It doesn’t matter, just long enough for the funds to appear in the account. You report assets on FAFSA as of the day you begin filing, typically in January or February. Note that CSS Profile schools often want to see an initial financial aid filing in Oct/Nov if your student is filing ED or EA.</p>