Aurora University

A Guide to Retirement Fund Rollovers

Qualified rollovers from one retirement account to another are not taxable and should not be counted as untaxed income on the 2019-20 Free Application for Federal Student Aid (FAFSA). Additional documentation must be submitted to the Office of Financial Aid to verify and/or remove rollover amounts reported on the FAFSA.

If this scenario applies to your 2017 tax data, please provide:

  • A copy of your 2017 IRS Tax Return Transcript. Instructions to obtain an IRS Tax Return Transcript are available on under reference number B3.
  • Form 1099-R or Form 5498 used to file your 2017 taxes.

All documents submitted for review should be clearly labeled with the student’s full name and student ID number.