You can return to making payments based on income if you provide your servicer
with updated income information, and if your updated income still qualifies you to make payments based on income.
The parent whose income was used to determine the amount of child support will provide
updated income information within 30 days after receiving a written request from the other parent.
You can return to making payments based on income if you provide your servicer
with updated income information, and if your updated income still qualifies you to make payments based on income.
If you choose to wait, your current required monthly payment amount will remain the same until you provide
the updated income information.
If you choose to wait, your current required monthly payment amount will remain the same until you provide
the updated income information.
You're not required to report changes in your financial circumstances before the annual date when you must provide
updated income information.
IMPORTANT: Once approved, each year you will need to
update your income information and we encourage you to re-certify your marital status and family size.
The tradeoff: You have to provide your lenders with ongoing,
updated income information to continue qualifying for the program.
This could hurt you if
your updated income information allows you to qualify for more help paying your premium.
If either of you find it more practical not to share your respective incomes directly with each other, you may want to identify a third party, such as a lawyer, where
the updated income information could be sent.
So even if you are not specifically asked or ordered to provide
your updated income information, it is recommended that you do so.
If the income of either parent used to determine the amount of child support changes, that parent will provide
updated income information to the other parent within 30 days.
Updated income information is important (see next section in this tool).