Why Did I Get More Child Support This Month?
Receiving more child support than usual can be a welcome surprise for many parents. There are several possible reasons why you may have received more child support this month. It is important to understand the reason behind the increase in order to ensure that it continues.
Cost of Living Adjustment
One of the most common reasons for an increase in child support payments is a cost of living adjustment (COLA). This type of adjustment is typically made on an annual basis and takes into account changes in the cost of living since the last payment was made. If your state or local government has recently increased its COLA, then you may have seen an increase in your child support payments.
Changes in Income
Another possible reason for an increase in child support payments is if the non-custodial parent has experienced a change in income. If their income has increased, then they may be required to pay more in child support. This could be due to a raise at work, a new job, or other sources of income such as investments or rental properties.
Court Order
Finally, it is possible that the court has ordered an increase in child support payments. This could be due to a variety of reasons, such as changes in the custodial parent’s financial situation or changes in the non-custodial parent’s ability to pay. If this is the case, then it is important to make sure that all paperwork related to the court order is kept up-to-date.