Factors Associated With Intergenerational Support Among Immigrant Older Adults
Methods: Utilizing the New Immigrant Survey (NIS) dataset, we examine the effects of socio- demographic factors on intergenerational financial support among immigrant elderly. We limited our study to elderly adults, 55 years and older and children who were 17 years and older (N=554). We examined the effect of factors that predict giving financial support. We subsequently investigated factors associated with receiving financial support. Intergenerational support was measured asking whether the respondents provided or received financial assistance during the past 12 months from their children who were not living in the same household. Socio-demographic factors include age, heath condition, education, marital status, employment status, gender, and race/ethnicity. We applied logistic regression to examine whether socio-demographic factors influence support exchange between immigrant older adults and their children.
Results: Findings indicate that elderly parents not only receive, but also provide financial support to their children. As elderly parents get older, they are less likely to provide financial support to their adult children. An increase in age by one year is associated with 11.5% decrease in the likelihood. Non-working older adults are less likely to give financial support (66.8% lower than working older adults) and more likely to receive financial support from their adult children (almost four times higher than working older adults). Asian older adults are less likely to receive financial support from their adult children (52.4% lower than Hispanic older adults).
Implications: Our findings have major implications regarding financial support exchange among immigrant populations. Understanding the health and social factors that affect the intergenerational financial support may help social workers identify immigrant older adults who are in need of financial support and who are more likely to have financial support. These findings also have implications for further research on other types of support among immigrants and provide government suggestions on how to plan benefit programs.