Unlike an UTMA / UGMA account, money in an IRA has 0 effects on financial
aid eligibility since the IRS doesn't it as assets.
Not exact matches
Since this gift occurs after college graduation, it will not affect the grandchild's
eligibility for need - based
aid.
Law Society president Joe Egan said «The financial
eligibility test for civil legal
aid is disqualifying people from receiving badly - needed legal advice and representation, even though they are already below the poverty line... The position has been getting progressively worse, because the means test thresholds have been frozen
since 2010, while the cost of living, of course, has not.
It would be the first change to the
eligibility criteria for legal
aid since 1996.
This creates particular problems for victims of domestic abuse, who,
since LASPO, have found it more difficult to demonstrate their
eligibility for legal
aid to which they are entitled.