Child Support
Planning & BudgetingCourt-ordered payments for the financial support of a child after separation or divorce, not tax-deductible or taxable.
Example
Example: For someone earning $60,000/year trying to build a solid financial plan, understanding child support is a key piece of the puzzle. Applied to a monthly budget, this concept could help you save an extra $200-$500/month. Build your plan with our 50/30/20 budget calculator.