On January 1, 2007, a law was passed on the issuance of a certificate for obtaining and using maternity capital at the birth of a second, third and subsequent children in a family. According to the current legislation, it is possible to use capital funds only after three years. How to invest the maternity capital is up to family members, the main thing is that the allocated funds help in solving major problems.
Instructions
Step 1
Invest maternity capital in the purchase of an apartment. One of the main directions for using the funds of this capital is to improve housing conditions. This is dictated by the economic situation of the present time, when real estate prices are steadily growing, and the income of the family budget is sometimes not even able to cover all household and housing needs. In this case, a family with two or more children is given a unique opportunity to significantly improve and reorganize their life, their living space. It is also very relevant to buy a home using the same maternity capital, since it is a huge plus when applying for a loan or mortgage.
Step 2
Invest the required compensation in the education of children. Another targeted use of maternity capital is the education of children. This important aspect of the life of the family requires special attention, since in the modern world everything depends on science. And it is simply impossible to imagine what kind of financial tests a family can expect in the future. With the help of maternity capital, the issue of paying for studies in higher educational institutions of the country is resolved by itself. Payment for study with funds from maternity capital can be made both in cash and by bank transfer, which depends directly on the decision of the parents.
Step 3
Also, do not forget about the pension fund. Here, maternity capital will come in handy. It can be used in the future to provide a pension after the mother reaches retirement age. In this case, when the decision is still made to sell the maternity capital to the pension fund, the government of the Russian Federation promises a guaranteed indexation, after the expiration of time, of the entire amount of money. This means that maternity capital will not lose its high importance and parents have the right to use it always, according to the terms provided by law. The pension fund is an indisputable factor in the payment of funds, as well as a high degree of guarantee of ensuring the best possible existence in old age.
Step 4
To date, some amendments to the maternity capital law are being considered, namely the possibility of using it for a loan or the purchase of a new car. If this bill is approved, young families will have a unique opportunity to purchase a car without spending precious time on processing a huge number of documents, and be guided only by the most basic ones, as well as a certificate for maternity capital.
