How can you use maternity capital?

Since 2007, Russia is implementing a program forthe name "mother capital". The demographic situation in the country is not stable, the number of economically active population is falling every year. To stabilize this situation, this bill was introduced to increase the birth rate and improve the quality of life of children.

So, any family gets the right to getmaternal capital, if the second or subsequent child is born or adopted in it. A certificate can be obtained and used only once in your life.

Maternity capital is indexed annually:

250 000 rubles - 2007
276 250 rubles - 2008
312,162 rubles - 2009
343 383 rubles - 2010
365 698 rubles - 2011
387 600 rubles - 2012
more than 400 000 rubles - 2013 (according to the forecast)

Payments are not taxed.

How can I use maternity capital in 2012?

Maternity capital is not provided to an individualchild, and the family as a whole. Therefore, you can spend money, taking into account the interests of the whole family. The certificate is valid when presenting an identity document.

The main directions of maternity capital:

improvement of living conditions
education
retirement savings

Improvements in housing conditions: (you can use maternity capital in the following ways)

pay off a mortgage
repair or reconstruction of the house
compensation for construction
building or repairing a house on its own
share building
with participation in housing cooperatives

Education:

payment of education in schools
payment of upbringing in kindergarten
student accommodation in a dormitory of educational institutions

Retirement savings:

to form part of the pension for the mother (meaning the funded part)

Note: the means of the parent capital can be divided. For example, part of the money spent on child education, part on improving housing conditions and part on the accumulation of pensions. It is also possible to use the certificate in part, that is, for example, half of the funds should be directed to the necessary needs now, and the remainder should be postponed to a later period.

Various bills on the use ofmaternal capital for the treatment of a child, to provide high-tech medical care for babies, to buy a car were rejected. At present, the authorities consider the points as to how to use maternity capital: opening a bank account for the accumulation of dividends, support for large families.

One-time payment in the amount of 12 thousand rubles for urgent needs of the family:

During the crisis period, the State Duma of the Russian FederationFederal Law No.241 "On Additional Measures to Support Families of Children with Children", according to which Russian citizens entitled to receive maternity (family) capital, could receive a one-time payment of 12,000 rubles. This service could only be used until March 1, 2011. At the moment, this law does not apply.

Is it possible to cash out maternity capital?

Impossible is the only correct answer. In fact, the issued certificate is a virtual money, which can be used only in certain directions. Cash in this case is not provided for in principle. In recent times, fraud has increased in Russia. Various companies and companies offer their services for obtaining cash from the parent capital, charging a certain percentage for the operation. In doing so, they assure that this is legal. Remember that often you can simply lose your certificate, no one will return the amount, and the next morning the company will disappear. For such actions in Russia criminal liability (fine or imprisonment for up to 2 years) is provided.

The basis for writing an article on how to use maternity capital is Federal Law No. 256 of December 29, 2006, "On Additional Measures to Support Families with Children."