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Asked 5/21/2009
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What money is included in net income from deductions? Can he not count his pension or 401k savings into the net income base to figure child support amounts? |
Answer 1/2 - Submitted 5/22/2009
Answer 2/2 - Submitted 5/24/2009
No he cannot count his 401K in regards too any child support. His 401K is for his retirement.. His 401K is taken out before taxes and a percentage matched by his company. Child support is based on his gross take home pay. You can go online lawson401Kandchildsupport.com for any additional information.
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