When to apply for maternity capital: who is entitled to benefits

For more than ten years now, Russian families have had the opportunity to receive from the state a monetary target certificate called maternity or family capital. Initially, the state program was designed for 10 years and was supposed to end before January 1, 2020. But fortunately for many parents, its validity was extended for another year. The purposes of its use also changed during this time towards expansion. The Pension Fund of the Russian Federation has been appointed as the manager of maternity capital funds. It is he who gives the go-ahead or rejects the application for receiving and using maternity capital funds. The law determines that the right to use maternity capital can be given to those families in which, from 2007 to 2020 (as amended by the law), second, third and subsequent children were born or adopted, and only on condition that the family has not previously taken advantage of this measure of social support and had not previously drawn up documents to receive it.

This means that each Russian family that falls under the conditions for providing family capital will be able to use it only once. Over the years of providing maternity capital, its amount has changed upward more than once by the inflation rate. However, its size was last indexed in 2020 and has not increased further. That is, starting from 2020, its amount remained unchanged in 2015-2017 and this cessation of its annual indexation is directly stated in Federal Law No. 68-FZ dated 04/06/2015. So in 2020, the amount of maternity capital is the same as two years ago - 453 thousand 026 rubles. In the event of a further change in the amount of family capital, previously issued certificates cannot be exchanged. The right to apply to the Pension Fund for a certificate from the moment of acquiring such a right can be used at any time while this type of state assistance is in effect, but you can receive funds from it by submitting an application for disposal of the certificate money only after the second child becomes three years old. the capital can be used at any time after the birth or adoption of a child, with whose birth (adoption) the right to receive a certificate arose.

The following citizens of the Russian Federation can be the owners of maternity capital in 2020:

Firstly, these are women who had their second or subsequent children in the period from 01/01/2007. This also includes citizens who formalized the adoption of a second or subsequent child during the same period.

Secondly, these are male persons who also formalized the adoption of a second or more children by court decision in the same period since 2007.

Thirdly, this is a man who is the father or adoptive parent of two or more children when the right to maternity capital is terminated by his wife (the reasons may be the death of a woman, deprivation of her parental rights, or the commission of a deliberate criminal act).

Fourthly, these are the children themselves who have reached the legal age of majority when maternity capital is distributed equally, when their parent or adoptive parent at that time had lost such a right by force of law.

Funds received under a maternity capital certificate are not subject to taxation under the heading “personal income tax.”

Termination of the right to family capital is possible under the following circumstances:

when its owner died, when he was deprived of parental rights to the child, as a result of whose birth the right to this type of state benefit was acquired, when the owner committed a crime against the child, qualified as a crime against the person, when the adoption of this child was canceled and when his funds were used for other purposes, as well as when it was spent for its intended purpose in full.
If for any reason the maternity capital document is damaged or lost, a duplicate is issued.

It is very important to know that the use of maternity capital funds is strictly monitored and in order to prevent illegal actions with them, the following protective measures are provided: it cannot be received in cash; attempts to cash out maternity capital are always recognized as illegal actions. In this case, not only holders of certificates, but also accomplices of cash-out schemes are held accountable under the law for misuse of public funds.

Where can you spend maternity capital?

The modern interpretation of the law makes it possible to use part of the maternity capital funds before the expiration of a three-year period on the basis of payment at the expense of maternity capital for mortgage loans, targeted loans taken by a family for the construction or purchase of housing, for the purchase of means of rehabilitation or social adaptation and integration into society of a disabled child (children). -disabled people).

Let's talk in more detail about how you can use maternity capital.

The most popular ways of using maternity capital are to use it to pay for actions to improve the living conditions of children, to pay for their education, to pay for their treatment and to pay for loans issued for housing.

The project of spending maternity capital on computers was associated with distance learning

Starting from the New Year, both those who have their first child (466,617 rubles) and those who have a second child (616,617 rubles) have the right to maternity capital. Now the ways of using this money specified by law are few, remind deputies of the Novgorod Regional Duma in the explanatory note to the bill.

A mother or father who has received a certificate has the right to either fully or partially spend it on improving housing (payment of interest on a mortgage, including), on the education of a child, the formation of a funded labor pension for the mother, on the purchase of services and goods intended for social adaptation and integration into society. society for disabled children.

Since 2020, families with low incomes (less than 2 regional subsistence levels for an adult per family member) can apply and receive monthly funds from maternity capital in an amount equal to the child’s regional subsistence level. And most recently, in March 2020, it was allowed to use this money to pay for the construction or reconstruction of a house on a garden plot, as well as on a plot allocated for individual housing construction.

Novgorod deputies claim that when “due to the spread of coronavirus infection” all Russian schools switched to distance learning, many families, especially large families, faced big problems, namely the lack of the required amount of computer equipment. The lack of good quality Internet is not mentioned in the explanatory note, although it follows from the text of the bill that this is also discussed.

The item in the list of possible ways to use maternal capital that talks about education is proposed to be supplemented with a clarification: we can also talk about “payment for goods and services intended for the implementation of educational programs using e-learning, distance educational technologies.” There will be no need for additional federal budget expenditures for these purposes - after all, money for maternity capital is already allocated, as stated in the financial and economic feasibility study.

The State Duma admits that there is a real problem with the provision of families with gadgets and computers, which emerged during the self-isolation regime. But the method proposed by Novgorod legislators to solve it will definitely not receive unconditional support.

Member of the Committee on Family, Women and Children, Elena Vtorygina (“ER”), in a conversation with MK, recalled that regarding maternal capital, “there are always a lot of different proposals, for example, using funds to buy cars, and now the committee has several of them” . But she personally believes that it is wrong to “squander maternity capital on trifles, so that there is nothing left.” It would be more correct to solve the problem differently, the deputy says: “maybe we can come up with a target program, even a subject one.”

But deputies from Novgorod, a region by Russian standards that is rather poor, precisely because of this they came up with a scheme that does not involve the use of funds from regional budgets, because they do not have these funds! Ms. Vtorygina says that we still need to look for some other way, leaving the use of maternity capital funds only for large, strategic purposes for the family. “We need to look for another opportunity to help, and help not all parents, but maybe those with many children, or single mothers if their financial situation is difficult,” she is sure.

“My attitude towards the bill of the Novgorod Regional Duma is ambiguous,” admitted “MK” and the first deputy head of the Duma Committee on Education and Science Oleg Smolin (Communist Party of the Russian Federation). He recalled that at the end of May, a group of communist deputies introduced a bill to the State Duma, “according to which distance learning should be exclusively on a voluntary basis in school, and if the state nevertheless introduces it under special conditions, it must provide children and teachers with the necessary technical means and broadband Internet.”

As for the idea of ​​allocating part of maternity capital funds for these purposes, “on the one hand, it is wrong to limit the use of maternity capital, and on the other hand, I am very afraid that if the bill is adopted, the state will simply refuse to help and say that parents are obliged to use it for these purposes.” maternity capital goals.”

Mr. Smolin believes that in conditions when “75 out of 85 regions are in debt, and it is much more difficult for them to find funds for distance learning than for the federal government,” it is it, the federal government, that should help families with not very high incomes with the purchase of computer equipment government. Moreover, the deputy recalled, there was “a statement by the President of Russia that federal budget funds for education need to be significantly increased”...

We will find out the government’s opinion when the State Duma receives an official review.

How to attract maternity capital to build a house?

In order to direct the funds from the certificate in question to the construction of your own house, you need to submit an application, essentially to the Pension Fund. However, the application will only be approved if your second or subsequent child is already 3 years old. The pension fund makes a decision within 2 months to transfer the amount of money to the current account attached to the bank statement. That is, when building a house, the owner of family capital does not receive money in hand, but receives a money transfer of targeted funds to a bank account. Moreover, the funds are transferred in tranches: the first tranche in the amount of up to 50% of the certificate amount is transferred within 2 months from the date of application, and the second tranche – six months after receiving the first part, when the fund is certified as the intended use of maternity capital.

If the construction of a house is carried out by a contractor, then a contract with the details of the contractor is provided to the Pension Fund of Russia, and if the construction is being built independently, then the fund must submit a package of documents consisting of:

• maternity capital certificate;
• passport of the owner of the certificate.
• documents confirming his registration at the place of residence or place of stay;
• spouse’s passport (if he is involved in construction);
• marriage registration certificate;
• documents of title for the land plot on which the house is being built (these may be a certificate of ownership (extract), a lease agreement, an agreement for gratuitous use, concluded by the owner of the certificate (the owner’s spouse);
• documents on ownership of the house (during its reconstruction);
• building permit;
• a written obligation, within six months after receiving the cadastral passport of an individual housing construction project, to register the residential premises, built or reconstructed using maternity capital funds, as the common property of the person who received the certificate, the spouse, children, including the first, second, third child and subsequent ones , with the determination of the size of shares by agreement;
• the account to which the funds are supposed to be transferred (if the bank account is changed, information about the new current account is submitted to the Pension Fund).

In order to receive the second part of the funds for the construction or reconstruction of a residential building, after six months, a document confirming the completion of the main work on the construction of a house or its reconstruction, issued by the body authorized to issue a building permit, in accordance with housing legislation, is submitted to the Pension Fund.

Is it possible to buy a share using capital?

What nuances can be noted when purchasing a share using a mother’s certificate?

• A share can be bought from relatives, including close ones.
• If, after acquiring a share, the owner of the capital becomes the owner of the entire property, the previous owner of the property must be registered before the transaction.
• You cannot purchase a share from your spouse.
• You cannot become the owner of a share in an apartment with only one room. This can only be done if, after acquisition, the object will be owned by the person who is the holder of maternity capital in full.
• You can become the owner of a room in a communal apartment.
• You can buy a privatized room in a hostel.

How to use maternity capital to buy a house?

Many owners of maternity capital are wondering how they can buy a house with maternity capital? Since the cost of maternity capital is clearly not enough to buy a house, you will need to use other sources of financing, mainly your own savings. In this case, the certificate acts as a certain basic amount for purchasing a home.

Is it possible to buy a summer house with maternity capital?

It is quite difficult to complete such a transaction under the current legislation. The pension fund will most likely be against such actions, since it considers such use of maternity capital funds to be a misuse.

To obtain approval from the Pension Fund for such a transaction, you need to prove that this dacha is a residential building.

In order for a dacha to be recognized as a residential premises, it must be suitable for permanent (year-round residence), have the status of a residential building, have an individual postal address, and have legal grounds for registering residents there. In addition, the purchased housing should not be considered dilapidated or in disrepair, and should have all the necessary communications and amenities for the normal living of a family with children.

Is it possible to buy a house in a village with maternity capital?

When buying a house in a rural area, the following conditions must be met under which the Pension Fund will allow the transfer of a sum of money from maternity capital funds:

• the house must be recognized as a full-fledged real estate object that meets all sanitary and construction standards for the residence of minor children and their families;
• he must be located in the Russian Federation;
• have heating, electrical, water supply and sewerage systems;
• have a wear percentage of no more than 50%, not be in disrepair or dilapidated condition;
• be located on a land plot registered in accordance with the procedure established by law as ownership or lease;
• have the opportunity to register family members of the owner of maternity capital.

In order to purchase a house using maternity capital without breaking the law, it is important to understand that maternity capital funds are not issued to its owner in cash. The pension fund can only make a non-cash transfer of funds to the account specified in the purchase and sale agreement (to the seller). The seller must be warned about this nuance and agree to such terms of payment for the transaction. After the transaction to transfer funds is completed, maternity capital loses the ban on cashing it out, and the seller calmly acquires the right to dispose of the funds received into his account as he wants.

In most cases, real estate using maternity capital is purchased on the secondary housing market, which is economically beneficial for a family with children.

Before buying a house, it is worth registering ownership or long-term lease of the land plot on which it is located.

Since the law does not allow you to buy a plot of land using maternity capital, you will have to purchase it at your own expense.

To obtain permission to purchase a house using maternity capital, you need to submit to the Pension Fund a package of documents consisting of:

• applications to the Pension Fund of the established form (to be specified in the Pension Fund);
• SNILS;
• maternity capital certificate;
• passports;
• children's birth certificates;
• obligations to register ownership of the house for all family members;
• marriage certificates;
• information about the bank account of the seller of the residential premises.

After the Pension Fund approves the real estate purchase and sale transaction (within 2 months from submitting the application), a purchase agreement is drawn up. At the same time, the new owners of the house must have equal shares in it (including shares for children). Common property purchased with maternity capital funds must be registered within six months from the date of transfer of funds to the seller’s account.

Where and how to apply

Document preparation
When to apply for state assistance for a second child depends on the chosen purposes of its purpose.

You can use this benefit by contacting the Pension Fund at your place of registration.

To do this, you must wait until the baby is born or a court decision and the possibility of adoption. After this, you can begin to register your right to social assistance.

The first thing you need to do is get a certificate. This can be done immediately after the appearance of an offspring in the family or immediately before using the money. Each person has the right to decide for himself what is convenient for him.

To obtain a certificate, you need to bring the required documentation package and write an application. It is possible to send the package by paper or through a representative. But in the latter case, you will first have to draw up a power of attorney. Required documents to obtain a certificate are:

• ID cards of both parents
• birth certificates for all children
• SNILS of all family members
• certificate of family composition

It is better to additionally make copies of all provided documents. This will help save processing time. In some cases, additional documentation may be required; this can be clarified in the regional PF or on their website.

Pension Fund

After the PF specialist accepts the documents, the application is reviewed within one month.

The applicant will receive a notification by mail within five days after the decision is made.

If it is positive, you can go to the Pension Fund and pick up a paper indicating the right to family capital.

This can also be done in several ways:

• personally
• by mail
• through a proxy

Further, it depends on the method of disposing of funds when the money will be used. Basically, you can spend funds only after the baby is three years old. But, if you plan to close your mortgage with these funds, you can take advantage of government support immediately after receiving the certificate.

Sometimes the PF makes a negative decision. The refusal must be documented, indicating all the reasons for rejecting the application.

It may not always be lawful, so you can always go to court with a demand to review the application.

The grounds for refusal may include:

• Reasons why the right ceased.
• Providing incorrect information.
• Lack of rights.
• Previously used support.

However, it is possible to appeal the decision to a higher authority of the Pension Fund or court.

It is possible to replace the document in case of loss or damage. To do this you will have to write a corresponding application. In it, the person needs to describe in detail the circumstances of the incident.

When the owner of the certificate has decided to use the money, he needs to appear at the Pension Fund again and write an application for the order. You will need to take the following documentation with you:

• passports of mother and father, if available
• children's birth certificates
• documentation that is the basis for the use of money: purchase and sale agreement, loan agreement, etc.
• SNILS
• certificate

When the parents are not registered as married, there is no need to provide the father's identity card.

This is the main package of documentation; additional papers may be required, depending on the purpose of using the money. Review of submitted documents occurs within one month. The Pension Fund has the right to satisfy the applicant’s request or refuse it. There are several grounds for refusal to dispose of money:

• The applicant's rights were terminated.
• The application procedure was violated.
• Illegal use of money indicated.
• The amount exceeds the amount of funds on the certificate.
• Restriction of parental rights.

After the decision is made, a notification is sent to the applicant within five days. If the decision is positive, all you have to do is wait for the money to arrive in the bank account indicated in the application. If, for example, money is used to purchase residential real estate, it will go to the seller’s account.

When mortgage lending is used, the funds are deposited into a loan account at the bank. The applicant will not receive any money. This is provided for by law in order to protect the interests of minor citizens.

Important! Residential real estate purchased using maternity capital must be registered in the name of all family members: mother, father and children. If these conditions are not met immediately, the applicant must write an undertaking that he will re-register the property to the children. What part of the property should go to children is not regulated by law.

Family capital - for repairs
Based on all of the above, we can conclude that registering family capital is a rather complex and time-consuming procedure.

In addition, it requires about three months of waiting if you manage the money immediately after the baby arrives in the family.

Three months is the period during which decisions are made and money is transferred to a bank account.

In most cases, parents have to wait more than three years for the opportunity to benefit from government support.

Is it possible to buy an apartment or house with maternal capital from close relatives?

According to the Civil Code of the Russian Federation, it is possible to formalize a real estate purchase and sale transaction with close relatives, but if housing is purchased for maternity capital, then there are some restrictions. This applies to cases with close relatives (mother, father, grandparents do not have the right to sell housing using maternity capital to their sons, daughters, grandchildren and granddaughters. The restriction is related to the prevention of fraudulent actions with maternity capital, namely making a fictitious purchase - sales not for the purpose of improving the living conditions of children, but for the purpose of cashing out a certificate for family capital.

There are no such prohibitions for other relatives.

What can you spend maternity capital on? Where and for what purposes should it be used?

As already mentioned - for those needs that are related to the basic needs of growing citizens. This is a solution to the housing problem, education, care for the disabled.

Maternity capital funds can be used to form the funded part of the mother’s pension - but again, this is rather an opportunity in the future to free children from the yoke of having to support an elderly parent.

About how to use the mat. capital for the needs of the family, where you can spend the money and how to use maternity capital, read here.

Improving living conditions

Improving living conditions should mean the following:

• mortgage loan (repaying an existing one or taking out a new one);
• apartment purchase;
• expansion of living space;
• home construction;
• investment in a cooperative apartment.

To do this, you first need to choose a suitable housing option, then which bank you will work with. It must be said that not all financial institutions agree to deal with maternity capital. And in recent years, the number of those who refused has only increased.

The more loyal ones categorically do not want to reduce the interest rate - despite the advertising of 12%, in fact, in other cases it can reach up to 20% per annum.

And in case of inability to repay the loan - after all, no one can guarantee that they will always remain afloat - maternity capital is not returned. This should be remembered before taking out loans.

Is it possible to use maternity capital for education?

To apply maternity capital for education, you must meet the following criteria:

• the educational institution must be located on the territory of the Russian Federation and have a license and accreditation;
• if the first child plans to study, he should be no older than 25 years old;
• the second child must be at least three years old.

That is, the money can be used both for a university and a preschool institution. It could be:

• private;
• state;
• departmental.

Important: if an educational institution is in private hands, it must certainly have the status of a legal entity.

In order to transfer capital for education, an application and an agreement with the educational institution are submitted to the Pension Fund of the Russian Federation, which indicates, among other things, the payment procedure, as well as information about the license and accreditation.

The government is now considering the possibility of using family capital to provide the mother with the opportunity to study, but so far there has been no corresponding change in the legislation.

Apartment purchase

In this case, the procedure for purchasing an apartment looks standard - documents for the apartment are collected, an application is written to the Pension Fund and submitted along with all the documentation.

At the same time, the contract must specify how much the Pension Fund transfers, and how much the buyer pays in cash and for how long. It goes without saying that the seller must agree to this form of payment.

Important: nowhere does the law directly prohibit buying square meters from relatives. But in practice, the Pension Fund almost never approves such transactions.

After the transaction has taken place, the applicant has six days to implement the obligation to allocate shares to all members of the household. The Pension Fund will definitely check this.

The size of the shares is not specifically established - this will be decided by the parents. Likewise, there is no mandatory rule to give everyone the same parts.

Such an obligation is realized either through the father or mother donating parts of their shares, or through an agreement on the distribution of shares.

Buying a share

Perhaps only if the “share” is understood as part of a residential building. You simply cannot buy a share in an apartment or house - because a “share” in the language of lawyers is just the right of a co-owner, but not something tangible.

So, if “share” means part of a residential building, then it is allowed. But the following nuances will play a role here:

• isolation from the general premises and the presence of a separate entrance;
• After the transaction, the buyer becomes the owner of the entire premises.

Important: a share in a one-room apartment cannot be purchased using a subsidy.

Loan repayment

Only mortgage. Open the loan agreement under which you bought a home, see what it costs.

If it is for the purchase of residential premises, a mortgage, the transaction will be approved by the Pension Fund. Any other loan, including a car loan or consumer loan, cannot be repaid with maternity capital.

Building a house

The construction procedure in this case will consist of the following steps:

• rent or purchase of land;
• hiring builders;
• preparing a package of papers and submitting an application to the Pension Fund of the Russian Federation.

There is no need to hire a contractor if the family is confident that they can handle everything themselves.

You will need to prepare the following papers:

• land title document (copy);
• construction contract agreement (copy);
• a notarized obligation to register the home as shared ownership;
• statement.

The Pension Fund of Russia will review the agreement for a month. After the decision is made, the money will be transferred to the seller's account.

One nuance will play a role here - who carries out the work. If they are builders, then the shipment will be made at once to the account of the contracting company.

If the family is on their own, then at their expense and in two stages: the second 6 months after the first, upon confirmation of the work performed.

Pension

In order to direct funds to accumulate a pension, it is enough to submit an application to the territorial department of the Pension Fund of the Russian Federation at your place of residence. After the guardian retires, he can receive maintenance in the form of a fixed-term, lifetime, or lump sum payment.

Food and other expenses

You can only make a one-time cash payment from family capital. In 2020, they could be received two times - one for 20, the second for 25 thousand rubles. Whether this policy will continue in 2020 is not yet known for certain.

How to use maternity capital for the rehabilitation of children with disabilities?

Starting from January 1, 2020, it is allowed to use maternity capital to pay for the social adaptation of disabled children. For these purposes, an individual rehabilitation or adaptation program for the child must be developed. In such cases, maternity capital can be spent immediately after the birth or adoption of a disabled child.

Payment for goods and services for a disabled child is made from maternity capital funds in the form of compensation for goods already purchased or services paid for with family funds. The Pension Fund, along with an application for disposal of maternity capital funds, is provided with an inspection report from social protection authorities, confirming the receipt of a service or the fact of purchasing a product strictly according to the list established in the Order of the Government of the Russian Federation dated April 30, 2016 No. 831-r and an extract from the ITU.

Among the goods that can be paid for from a maternity capital certificate are technical means (such as ramps, special beds, chairs, etc.), sanitary and hygiene products, special sports equipment, and communication means (phone, tablet, laptop, etc.).

It is prohibited to pay with maternity capital for medical services and rehabilitation measures, which are already provided for in the Federal Law of November 24, 1995 No. 181-FZ “On the social protection of disabled people in the Russian Federation.”

Using maternity capital: all about timing and amount

The rules for using family capital have changed several times, but the basic principles - the grounds and conditions for receipt - have remained unchanged. As dictated by Art. 3, the right to receive financial assistance arises immediately at the moment of the birth of the second (third or subsequent) child or the entry into force of a court decision on adoption.

How much time has passed since the birth of the first child in the family does not matter, but according to the requirements contained in paragraph 1 of Art. 3, maternity capital can be used by parents whose addition to their family occurred during the period of the state program.

Initially, the legislator set the completion date as December 31, 2018, but due to the great popularity among the population and the effectiveness of the policy of promoting fertility, the completion date of the program was shifted to 2021 by presidential decree. Thus, the right to a certificate is given to a child (anyone except the first-born) born into the family of a citizen of the Russian Federation in the period from the beginning of 2007 to the end of 2021. You can use, or more precisely, obtain the right to use maternity capital only once.

When to use a maternity capital certificate? You can issue a certificate, which is of a personal nature and is a document proving the right to spend public money, and use the funds at any time; the legislation does not contain time limits.

However, one should take into account those specified in paragraph 7 of Art. 3 conditions of use - depending on the purpose of spending, it is not possible to exercise the right to budget money by submitting an appropriate application for disposal immediately after the birth of the second baby; in many cases, this becomes possible only after 3 years.

Many are in no hurry to submit an application and spend mat capital, because the amount of money is annually reviewed and adjusted taking into account the general price level, and because Inflation is predictably accelerating, the figure is constantly growing.

Attention! From January 1, 2020, maternity capital is not officially indexed; due to the difficult financial and economic situation, the certificate amount is frozen. Positive progress should be expected no earlier than 2020 (see about maternity capital indexation).

If at the start of the program the amount was 250 thousand rubles, then as a result of repeated indexation the amount has almost doubled and now equals 466,617 rubles.

How to use maternal capital to educate children?

A very popular option for spending maternity capital is to spend it on children’s education. At the same time, any of the children in the family can pay for education with a family capital certificate. An important condition for such use of maternity capital is the education of a child or several children only in the Russian Federation and only according to the state program in a preschool educational institution, secondary school, college or university. Payment for training is also made by bank transfer. The Pension Fund will give permission to pay for education when the second or subsequent child turns 3 years old.

Types of educational services and the procedure for reimbursement of expenses associated with payment for education are prescribed in Decree of the Government of the Russian Federation of December 24, 2007 No. 926 “On approval of the Rules for the allocation of maternal (family) capital funds for the education of a child (children) and other expenses related to education” .

Where to go to use maternity capital

Regardless of the chosen investment route, you should apply for approval to the territorial department of the Pension Fund located at your place of residence. According to Art. 8 The application with all supporting and justifying documents is considered for a month. All received papers are checked for authenticity, the application is analyzed from the point of view of the right to seek help and compliance with established requirements.

To avoid refusal, you should first agree with the PF employees on the amount and direction of investment and fill out the application correctly. When applying, it is important to take into account the timing, that in some of the cases mentioned above, time restrictions apply; more precisely, there is a division of when and how to use mat capital - only after 3 years, or you can dispose of the funds at any time.

• Monthly payment at the birth of a second child from maternity capital

When planning to spend family capital, it is useful to know that previously the law allowed for the possibility of receiving some part of mat capital in cash, but at the moment there are no cash lump sum payments. However, last year the law allowed low-income families to receive monthly payments from maternity capital funds.

In order to closely monitor how the subsidy is used, payments are made exclusively in the form of non-cash payments. The certificate holder is not prohibited from partially using and spending simultaneously on various legally permitted needs, and the amount of the subsidy will be reduced by the amount spent.

The Pension Fund is required to provide information about the balance upon request. The remaining amount is subject to indexation, which is beneficial - in the future it can be spent on something else, so there is no need to try to spend the entire amount as quickly as possible. In order for a citizen to have the opportunity to better invest maternity capital by choosing the direction of investment that is optimal for the family, the legislator does not limit the time frame; the certificate will not be lost in any case.

Using maternity capital to accumulate a pension

Maternity capital can be transferred to the Pension Fund, state and non-state. It can be invested in the parent’s funded pension after the child, in connection with whose birth a certificate for family capital was issued, turns 3 years old. Investing a certificate in pension savings makes it possible to increase mommy's future pension. To do this, an application is written to the Pension Fund and the required package of documents is drawn up, which is specified by the Pension Fund.

What conclusions can be drawn:

1. Maternity capital in 2020 is paid in the same amount as last year (453,000 rubles).
2. The family in which a second child was born or adopted is entitled to a certificate.
3. You can spend maternity capital in several areas: on housing, on education, on your mother’s pension, and on some other areas that we discussed above.
4. Maternity capital cannot be cashed out and spent on inappropriate expenses prohibited by current legislation.

What is maternity capital?

Maternal (family) capital is money allocated by the state in the Russian Federation to support families with children. It has been in effect since January 1, 2007.

I won’t go into the government’s legislative details. Let's get straight to the point.

What is the amount of support today?

From January 1, 2020, maternity capital can be obtained for the first born (or adopted) child in the amount of 466,617 rubles. At this point, it was indexed (increased) for the first time in the last 5 years - before that it was 453,026 rubles. That is, it increased by 13,591 rubles.

The maximum amount of maternity capital that can be received for two children is 616,617 rubles. If you received 466,617 for the first, for the second they will not give 616,617, as many people think, but only an additional payment of 150,000. ⠀ The same amount (616,617 rubles) is due for the third or subsequent child born (adopted) starting from January 1, 2020 years, if you have not previously taken advantage of government support.

For example, if the first two children were born before the introduction of maternity capital, that is, before January 1, 2007.

⠀ If the second child was born before 2020 and the family received a certificate for him, then, regardless of the year of use of state support, the amount will be calculated according to the old rules.

The maternity capital program will be extended until the end of 2026.

History of changes in the amount of maternity capital:

• 2007 – 250,000 rubles
• 2008 – 276,850 rubles
• 2009 – 312,162 rubles
• 2010 – 343,378 rubles
• 2011 – 365,698 rubles
• 2012 – 387,640 rubles
• 2013 – 408,960 rubles
• 2014 – 429,408 rubles
• 2015-19 – 453,026 rubles
• 2020 – 466,617 rubles for the first + 150,000 rubles for the second child

It was decided that the size of mat capital will be indexed annually from this year. Supposedly:

• in 2021, the payment for the first child will be 485,282 rubles and 641,282 for two;
• in 2022 - 504,693 and 666,933;
• in 2023 - 524,881 and 693,610, respectively.