How to cash out maternity capital in 2021 after 3 years

2024 Author: James Gerald | [email protected]. Last modified: 2023-12-17 14:00

Maternity capital is recognized as a state support option for families with children. Upon its registration, a certificate is provided, which can be spent for specific purposes. In this regard, the question arises of how parents can legally cash out maternity capital in 2021 after 3 years?

What maternity capital is spent on

The program has been operating since 2007. Money can only be used when the child is 3 years old. Certificate funds can be spent in several ways:

1. Improving housing conditions, including a down payment on a mortgage or payment of a mortgage loan.
2. Payment for the education of the child.
3. Transfer to the funded part of the mother's pension.
4. Purchase of expensive goods and services necessary for disabled children.
5. Support in the form of a monthly allowance for the 2nd child.

Of the above, only monthly payments can be cashed up to 3 years. In other situations, the FIU transfers funds by bank transfer. You cannot use cash. The recipient has the right to distribute funds in the necessary areas, which are allowed by law.

Benefits from the mother capital

How can parents legally cash out maternity capital in 2021 after 3 years? The main condition for receiving funds is the registration of a personal certificate in the FIU. It grants the right to use the family capital.

The payment is made provided that not all of the money has been taken from the certificate. For example, if they have not yet been spent on improving housing conditions. When the amount is used up in full, the holder cannot receive the monthly benefit.

Who can get benefits

According to No. 418-FZ, the monthly allowance from maternity capital is not paid to everyone. It is obtained under the following conditions:

• citizens of the Russian Federation who have issued a certificate;
• if the child is born after 01.01.2018;
• monthly income for 1 family member - no more than 2 minimum wages.

Only if the conditions presented are met, it is allowed to receive benefits. The amount of the payment is equal to the minimum wage in the region where the family lives. Therefore, the amounts may differ.

Required Documentation

To issue a manual, you need to prepare documentation. This will require:

• a statement, which indicates the personal information about the applicant, the amount of family income, the account for the transfer;
• paper for the child;
• passport;
• income statements;
• certificate from the bank with details.

Evidence is also needed: about the death of the mother, the deprivation of the rights of parents, the cancellation of adoption and divorce. They are provided depending on the marital status.

Appeal

Since the money for the certificate is sent to the Pension Fund of the Russian Federation, it is necessary to submit prepared documents there. The provision of 2 packages is allowed: for capital and allowance.

A citizen also has the right to contact the nearby MFC department to receive benefits. When twins appear, documents for one must be taken to the social protection authority, and on the second - to the FIU.

Proof of income

To receive benefits, you need to confirm that the average income for each person is no more than 2 minimum wages. Information for the last 12 months before the application is taken into account.

The family includes:

• mothers, fathers;
• adoptive parents, guardians;
• stepfathers, stepmothers;
• minors.

They cannot include people serving sentences who are on compulsory treatment, citizens on state support.

The calculation takes into account the following income:

• salaries, bonuses, compensation;
• allowances, scholarships, pensions;
• inheritance payments;
• monetary allowance.

Depending on the income, different certificates may be required to confirm it. All the amounts are added, the total indicator is divided by 12, and then by the number of people in the family. Lump sums in the form of material assistance in the event of a natural disaster, terror, or state of emergency are not taken into account.

Term of receipt

In 2021, payments can be provided for a child up to 3 years of age. Submission of documents can be carried out at any time from the date of birth and up to 3 years. If the application is submitted within six months from birth, then payments are assigned from birth. And if after, then the benefit is assigned from the date of receipt of the application.

Since 2020, one nuance has been in effect - first, the allowance is approved for up to 1 year, then new documents are collected to assign funds for up to 2 years. The same actions are repeated after a year in order to receive money for up to 3 years.

This is the only legal way to cash out a certificate. All illegal, fraudulent methods entail responsibility.

Failure Cases

There may be several reasons for refusal. These include:

1. Income per person exceeded. It is necessary to prepare income statements later, so that the amount does not include bonuses, compensation.
2. Not all documents provided. It is advisable to prepare them as soon as possible.
3. The child is supported by the state.
4. Parents are deprived of their rights to their children.
5. Expenditure of money from the certificate.

When the birth rate decreases, the provision of maternity capital is considered a stimulating mechanism. The government is gradually creating measures to solve the demographic problem, making various changes.

It turns out that to the question of how parents can legally cash out maternity capital in 2021 after 3 years, there is only one answer - the issuance of a monthly allowance. In this case, a number of conditions must be met, otherwise it is impossible to receive cash.

Summarize

1. Maternity capital is cashed out after 3 years.
2. Parents can apply for benefits subject to several conditions.
3. To cash out money, you need to submit an application by providing a package of documents.
4. In some cases, the application is rejected.