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Established Member
Posts: 24
Registered: ‎02-19-2013
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Child support and investment/retirement accounts

I have saved up a small amount of cash over the yrs and plan to put it in a retirement account


I wanted to find out if that makes any money over the yrs will that income be factored in the Child support payments ?


Any specific kind of accounts ( investment or retirement ) whose income is not subject to CS ?


I already pay a good amount and have never once missed a payment ( and it is not court ordered yet)


thanks

Valued Contributor
Posts: 3,022
Registered: ‎08-13-2009
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Re: Child support and investment/retirement accounts

When I attempted to collect child support, the forms asked for interest income.   When it came right down to it, the courts always went off of actual PAYCHECK or inputed income for both parties.  Interest income and retirement account were not a factor.

 

Keep in mind, all my kids are adults now.  Things may have changed.  Or it may be different in your state.

Established Contributor
Posts: 1,006
Registered: ‎01-16-2017
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Re: Child support and investment/retirement accounts


Scharnhorst wrote:

I have saved up a small amount of cash over the yrs and plan to put it in a retirement account


I wanted to find out if that makes any money over the yrs will that income be factored in the Child support payments ?


Any specific kind of accounts ( investment or retirement ) whose income is not subject to CS ?


I already pay a good amount and have never once missed a payment ( and it is not court ordered yet)


thanks


Seems like you should talk to an attorney.  

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