Annuity as Income (I-134)

[slavaskii 885]

Hello!

 

We are sending out our I-129F packet next week, but I was hoping to get some clarification on what to do with the future I-134 Affidavit of Support. My fiancee and I have been together for five years, and always planned to file the K1 after finishing undergraduate studies. I'm on a full-tuition scholarship to law school, so while I can't hold a full-time job, I was interested if my recurring monthly annuity would be able to substitute for employment in establishing financial eligibility. In a year, I would receive more from the annuity than the minimum wage requirements demanded by the I-134. I can also declare stock market holdings and savings in my bank account, though I'm not sure how much of the latter is needed in order to be deemed 'sufficient'. My mother has also agreed to be a joint-sponsor and fill out a separate I-134 (I believe Minsk/Warsaw allows this), but I would ideally like to meet the requirements as much as possible myself. 

 

Would there be any foreseeable issues in using the above during the K1 process? I'm asking in advance so I can have sufficient time to plan for whatever documentation needed. Thank you very much!

 

 

[SteveInBostonI130 3,319]

What type of annuity?  If it's an inheritance or a trust fund, then you can include it for your income.  If it's part of your scholarship, then that money is for tuition and school expenses, not for general household income.

 

[slavaskii 885]

29 minutes ago, SteveInBostonI130 said:

What type of annuity?  If it's an inheritance or a trust fund, then you can include it for your income.  If it's part of your scholarship, then that money is for tuition and school expenses, not for general household income.

 

Hello! It is an inheritance, it was money from my grandfather that was meant to be funding my law school but when I received the full tuition, we decided to put it into an annuity. 

 

As it was recently done so, how would I reflect this in my annual income? By the time I file the I-134 I would only have had it deposited for 4-6 months, but since it is recurring, would I just multiply the monthly amount by 12 and include all necessary bank statements? Additionally, do you think USCIS would look any differently upon someone getting their income via annuity than someone with a full-time position (even though law school precludes me from doing so)?

 

Thank you sincerely for your answer - it's quite a relief!

[SteveInBostonI130 3,319]

6 hours ago, slavaskii said:

would I just multiply the monthly amount by 12 and include all necessary bank statements?

 

Additionally, do you think USCIS would look any differently upon someone getting their income via annuity than someone with a full-time position (even though law school precludes me from doing so)?

1. Yes, calculate it as you explained.

 

2.  They should not.  The form allows pensions and retirement benefits to count as income - your annuity would not be any different.