Why is it that SS goes up each year after separation/divorce the same as CS when the payor makes more money each year? Is it to balance the household incomes?
My friend has been offered a fixed amount of SS for 10 years. Each year the payors salary is calculated at $150k. The recievers income is calculated at $20k and increases by $10k each year.
The reciever is a university graduate working part time making $30/hr. Potential full time employment earnings could be up to $70k and more if promoted.
The reason for part time employment is so the reciever can stay at home and raise the 2 children until they attend school. The reciever did take career sacrifices to have a family. Duration of marriage was 5 years both under 30 years old now.
Is this offer to settle fair and reasonable or a low ball to try and reduce SS obligation. Should my friend take the offer? What if full time employment at $70k in 10 years cannot be found? What if the payor's salary increases to $175k?
Is the reciever capabile of working full time now? Yes, the kids can go to daycare but is that the best for them? Does the reciever have to work or be imputed $70k salary now? Or should the reciever be given SS until full time employment is found (which makes one think why would someone even look or take a job just go to the interview and tank it on purpose). Is the reciever allowed to work part time for the next 2 years (stay home with kids) then pursue full time employment?
FYI entitlement is not an issue, both parties agree on it.
My friend has been offered a fixed amount of SS for 10 years. Each year the payors salary is calculated at $150k. The recievers income is calculated at $20k and increases by $10k each year.
The reciever is a university graduate working part time making $30/hr. Potential full time employment earnings could be up to $70k and more if promoted.
The reason for part time employment is so the reciever can stay at home and raise the 2 children until they attend school. The reciever did take career sacrifices to have a family. Duration of marriage was 5 years both under 30 years old now.
Is this offer to settle fair and reasonable or a low ball to try and reduce SS obligation. Should my friend take the offer? What if full time employment at $70k in 10 years cannot be found? What if the payor's salary increases to $175k?
Is the reciever capabile of working full time now? Yes, the kids can go to daycare but is that the best for them? Does the reciever have to work or be imputed $70k salary now? Or should the reciever be given SS until full time employment is found (which makes one think why would someone even look or take a job just go to the interview and tank it on purpose). Is the reciever allowed to work part time for the next 2 years (stay home with kids) then pursue full time employment?
FYI entitlement is not an issue, both parties agree on it.
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