Quote:
Originally Posted by Jo*mar
Wouldn't the kids potion be for their ongoing care now going up, with hopefully some saved for college?
Just curious.. Seems odd they pay it out but would require a reissue at age 18.. 
I would suggest investing or dividing the lump sum, have a plan for the future.. |
they dont require that you save any of the childrens portion of the back pay or ongoing pay. It is primarily to be used for the childrens current needs, education, etc. If there is money left over when they turn 18 then that money must be turned over to the children. They send you a form every year asking you how much of the childrens money was spent and how much is left in an account dedicated to them.