What is a cost of living adjustment for child support?
A cost of living adjustment (COLA) for child support is an adjustment to the amount of money one parent pays in child support to the other parent. The purpose of the adjustment is to keep up with rising prices and the changing cost of living so that the parent receiving the payments can still provide their children with the same level of care they could in the past. In Washington, COLA is generally calculated based on the Consumer Price Index (CPI) for the metropolitan area where the child or children live. The CPI is a measure of the cost of goods and services from a variety of businesses, and it is used to determine the average rate of inflation in an area. The parent receiving the child support payments can request a COLA if the CPI for the area has risen significantly. The court then reviews the requests and can increase the payments accordingly. The court may also make a decision not to increase the payments if the CPI for the area has not risen significantly. By making sure the child support payments are adjusted for the cost of living, the parent receiving the payments can ensure that their children will still receive the same level of support they did before. This helps to ensure that the children are taken care of even when prices are rising.
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