Many Americans need help when faced with a major expense or financial hardship, whether it’s paying for college, health care, food, or living expenses, or resolving debt, and in order to overcome these challenges they may seek financial aid through a federal program or process.
Depending on the program and the financial help needed, having money in a retirement savings account could affect how much financial assistance an individual receives.
Before applying for government assistance, consider how each of the below programs stand to impact your savings.
Student financial aid
For many individuals, financial help is necessary when paying for higher education, especially as the price tag continues to grow.
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