Maternity capital can be divided into parts. According to paragraph 4 of Art. 7 of the Federal Law of December 29, 2006 N 256-FZ “On additional measures of state support for families with children”, funds of maternity (family) capital are allowed to be disposed of simultaneously in several directions. That is, the entire amount does not have to be spent entirely on one thing, it can be divided into parts. For example, part of it can be used to pay for a mortgage, and part of it can be used to pay for education. Moreover, the ratio of these parts can be any.
Question and answer Is it legal for banks to refuse to accept maternity capital as a mortgage contribution?
What can you spend your maternity capital on?
According to paragraph 3 of Art. 7 of this law, maternity capital funds can be used for:
— improvement of housing conditions (purchase, construction of residential premises, payment of a down payment, repayment of the principal debt when receiving a loan, including a mortgage, for the purchase or construction of housing);
— education of children in any educational institution on the territory of the Russian Federation that has the right to provide paid educational services;
— formation of the funded part of the labor pension of the mother who is the owner of the certificate;
- social adaptation of children. Funds from maternal capital can be used to offset the costs of certain goods and services for the social adaptation and integration of disabled children into society. At the same time, maternity capital funds cannot be spent on medical services, as well as on rehabilitation measures, technical means of rehabilitation and services;
— receiving a monthly payment from the maternity capital fund (this change was introduced by federal law dated December 28, 2017 N 432-FZ).
Where and how to get it?
The rest of the maternity capital can be taken in the same place where it was originally requested. To receive the remaining amount, you should contact the regional office of the Pension Fund.
If you pay for accommodation during your studies, the following documents will be required:
- A rental agreement, including the term and time of payment.
- A certificate from the place of study confirming the fact of residence in the hostel.
In addition, according to Government Resolution No. 931, capital funds can be used to pay for kindergartens, including private institutions for preschoolers.
Documents to be submitted:
- Statement of intent to dispose of funds;
- An agreement with a preschool institution containing the conditions and cost of child care (payment receipts are not accepted).
The law provided for and supported the desire of some citizens to give their children additional education, for example, art, music, or in-depth study of foreign languages. Then, along with the application for payment of basic education, an application for additional training expenses should be submitted. The list of documents is similar: an application and an agreement with an educational institution. To find out how to get maternity capital for your father, read here.
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Remaining regional maternity capital should be applied for at your place of residence. This issue is dealt with by the local department of the Ministry of Health and Social Development. To find out the conditions for receiving regional maternity capital, follow the link.
The nuances of directing capital funds to education:
- the child who brought the family capital must be 3 years old;
- the capital can be used in parts - for one child or for several, buy housing, increase the mother’s pension at the expense of it;
- The deadline for claiming family capital is set from January 1, 2007. until December 31, 2016;
- It should be noted that the legislation relating to the sphere of motherhood and childhood is very dynamic, and all changes can be tracked on the website of the Pension Fund.
How long is the unused part of maternity capital stored?
To obtain the right to maternity capital, it is necessary that the child who gives the right to the certificate be born before December 31, 2021. There are no time restrictions for obtaining the certificate and disposing of maternity capital funds: this can be done in five years, ten years, and later. The only restriction regarding the use of maternity capital funds is that if they are used to pay for a child’s education, the child’s age should not exceed 25 years. In other cases, families with a certificate in hand can use maternity capital funds at any time, regardless of the completion of the program or its extension.
How to find out the balance of maternity capital?
No later than September 1, the Pension Fund notifies persons entitled to apply for family capital about the amount of remaining funds.
Their circle includes the following categories of citizens:
- persons who have not exercised their right to family capital in full or in part;
- persons who disposed of maternity capital, information about which was entered into the federal register that keeps records of those entitled to additional support;
- persons with a family capital balance of more than 30 rubles.
If a person entitled to receive capital funds wants to personally find out what the balance is, then he can contact the regional office of the Pension Fund at his place of residence with a passport and certificate. A certificate of maternity capital balance will be provided.
Mat capital in 2020 - size and latest changes
According to the general rules, you can apply for disposal of MK funds three years from the date of birth or adoption of the second (subsequent) child. However, the program provides for areas in which capital can be used immediately after the right to it arises , namely:
It is assumed that the amount of maternity capital should be revised every year taking into account the forecast for rising inflation, however, this condition has not been met since 2020, when, due to the difficult financial and economic situation in the country, it was decided to suspend indexation. At first it was assumed that the freeze would last for 1 year, but then it was extended until 2020 .
Maternity capital in 2020
According to Part 2 of Art. 6 of Federal Law No. 256-FZ of December 29, 2006, the amount of maternity capital is subject to annual revision taking into account the projected level of inflation. This provision was implemented until 2020, but due to the difficult economic situation, indexation was suspended (Article 12 of Law 444-FZ of December 19, 2020 on changing the provisions of certain legislative acts). The next indexation will take place on January 1, 2020 .
- purchase of housing (under a purchase and sale agreement, a credit agreement or loan agreement, an equity participation agreement, as well as with participation in cooperative construction);
- construction or reconstruction of a private house (with the involvement of a contractor or not).
Maternity capital in 2020
As noted above, in 2020 the amount of capital amounted to 453,026 rubles . In 2020, the amount of the certificate after indexation will increase to 470 thousand rubles , which was first reported by the RBC news agency, citing the draft main characteristics of the Pension Fund budget for 2020, as well as the planning period for 2020 and 2021.
The maternity capital program involves annual indexation of the certificate amount by the projected inflation rate. This condition has been met since 2007, until the freezing of capital in 2020 , since then the amount of capital has remained unchanged. This decision of the Government was justified by the unstable economy of the country.
How to use maternity capital in 2020
- The family is building a house using contractors. In this case, the funds will be transferred to the account of the contractor's company.
- A family is building a house without contractors. Here the money will be transferred to the certificate owner’s account in two stages. First, the family will receive 50% of the amount, and after the construction of the foundation, walls and roof - the second 50%.
- Payments are provided until the child turns one and a half years old.
- The benefit is paid from maternity capital funds. Therefore, a family can simultaneously apply for a certificate and payment.
- The period for providing these payments is 1 year. Then the family will have to submit an application again confirming that the average per capita income has not changed.
- If these payments were issued before the baby was 6 months old, the family will also receive payments for the previous months. If at the time of submitting documents the child is already six months old, payments will be made from the moment of application.
After what time can maternity capital be used?
The term is not the only obstacle to using maternity capital when buying a home with a mortgage or to achieve other goals. For this reason, it is necessary to take into account the associated nuances. There are cases when parents wanted to use maternity capital to repay consumer loans. At the same time, citizens tried to prove that the money was spent on purchasing real estate. Moreover, sometimes the housing was completely unsuitable for living. Today there are no clear rules regulating the use of maternity capital.
- A woman who has given birth to or adopted a second or subsequent children. In this case, the child must have Russian citizenship.
- Men who are the father or sole adoptive parent. Maternity capital is issued to the father in a situation where his wife has died or been deprived of parental rights or freedom by a court decision.
- The children themselves after they reach adulthood. This is possible if minor citizens were transferred to the guardianship of the state as a result of the death of biological parents or deprivation of rights.
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Maternity capital will be indexed in 2020
However, in 2020, some changes were made to maternity capital. So, parents can spend money on building a house on garden plots. Also, maternity capital review is now carried out within 15 days, although previously it was carried out within a month. To the dissatisfaction of many, in 2020 maternity capital still cannot be spent on buying a car, although this bill has been under consideration for a long time.
Everyone knows that the demographic situation in the Russian Federation is currently not at the highest level, because many young parents are afraid to have children, which is why the nation is aging and dying out. To prevent a demographic catastrophe and increase the desire of young parents to have children, the Russian Federation has been operating a maternity capital program for several years now, money from which can be spent on the development of your child. What changes in maternity capital will take place in 2020?
Check balance by number
If you cannot contact the Pension Fund, then there is an alternative verification option - online services that allow you to find out your balance via the Internet:
- We go to the website of the Pension Fund of the Russian Federation.
- Tab "public services".
- Subsection "Social assistance".
- Enter data:
- Amount spent.
Certificate number.
- And “calculate.”
The entire amount depends on the indexed periods. In 2020, indexation was suspended. Now the procedure for one-time payments is regulated in accordance with Federal Law-241.
You should expect to receive a response via the online service within 15-30 days from the date of filling out the questionnaire.
Checking the answer:
- Go to the state website PF services.
- Check notifications in your personal account.
- The balance amount is available for viewing after entering the certificate data.
What such an online certificate of capital balance looks like is clearly shown in the photo:
The balance of the mat capital account can be written off for necessary needs, which are specified in Federal Law No. 256.
Maternity capital in 2020
From the beginning of the program (since 2007) until 2020, indexation of maternity capital was carried out every year, during which time the amount of the certificate increased almost 2 times - from 250,000 to 453,026 rubles . The largest increase was in 2009 , then the value of maternity capital increased by 13% , and the smallest in 2014 - by only 5% .
In 2020, maternity capital is 453,026 rubles . After the return of regular indexation, maternity capital will increase first to 470,241 rubles in 2020, and then to 489,051 rubles in 2021. These data follow from the explanatory note to the draft federal law on the budget of the Pension Fund for 2020 and the planning period 2020-2021.
