Savings as Assets for i-864

[msantanna 48]

We need to use some assets to bridge the difference between my husband's income for this year and the income requirements for the Affidavit of Support. He started a new job recently, and prior to that he was abroad, so his income this year will be under 125% of poverty guidelines.

 

To make up for that, we though about using a combination of his 401K and our savings in our personal bank accounts.

 

My question is regarding my savings: considering most places will advice on presenting 12 months of bank statements, is it ok to show a bigger than average deposit recently in my account? I know that this is a very specific question, but what I can't quite figure out is if they expect me to have had a certain amount over time, or if they only care about the current amount in the bank. And if so, why would they ask for 12 months?

 

Thank you for your thoughts!

[Ryan H 3,812]

Moved from Progress Reports to Process & Procedures.

[user555 196]

For 2020, will his income be sufficient because of the new job? If you are using income and assets, they want to see a pattern of savings over 12 months. 

[Nitas_man 3,100]

On 10/30/2019 at 1:45 PM, msantanna said:

We need to use some assets to bridge the difference between my husband's income for this year and the income requirements for the Affidavit of Support. He started a new job recently, and prior to that he was abroad, so his income this year will be under 125% of poverty guidelines.

 

To make up for that, we though about using a combination of his 401K and our savings in our personal bank accounts.

 

My question is regarding my savings: considering most places will advice on presenting 12 months of bank statements, is it ok to show a bigger than average deposit recently in my account? I know that this is a very specific question, but what I can't quite figure out is if they expect me to have had a certain amount over time, or if they only care about the current amount in the bank. And if so, why would they ask for 12 months?

 

Thank you for your thoughts!

A combination of 401k and savings can be used in lieu of no income.

 

They look for a sudden large sum that just appears but if your or his savings is tied to current income and you are just saving more it is easily explained by the transaction records.