Fully Funded.

Today is a great day because…our adoption savings are fully funded!

At least…I think so. For now anyway. 😉

I’m not 100% sure how much the medical / legal parts will cost, but I have a pretty good idea…so I added a cushion in to the total amount I felt we needed to save. And now we’re there and will be able to pay upfront for each step of the process!

Praise the Lord for His grace & provision!

A lot of people have asked us if embryo adoption is cheaper than traditional adoption. The answer to that is…complicated.

Had we gone with the traditional agency we were considering, our projected costs would have been around $28,000 for one child. However, we most likely would have received a portion of that money back as a tax credit over the 5 years following the finalized adoption. Any additional children added to our family would require the same type of fee.

Embryo adoption has several different components, which means there are a lot of variables.

*The agency fee is set. We will pay the fees to adopt a group of embryos. Were we to adopt an additional set of embryos in the future we would be required to pay a similar fee again.

*The legal cost is minimal (in comparison to traditional adoption), because embryo adoption is considered a transfer of property.

*Medical fees are where it starts to get really fuzzy. Our doctor will only transfer 2 embryos at a time. Each FET {including all associated fees and medicine} will cost us right under $5,000. {Hopefully!} Right now we are funded for one transfer…but since we are hoping to adopt 4 embryos, we may have to pay the FET fees a second time. {Hopefully later rather than sooner…}

*There is a possibility {again, depending on the number of embryos we adopt} that we would need to pay to store our remaining embryos until we were ready to transfer them. {I don’t have that built into our savings at this time, but by the time the need arises the money will be there.}

*Then, of course, you have the standard medical fees for prenatal care and the birth of the baby or babies.

Insurance will cover little to none of the medical fees associated with the FET, but once I am pregnant will cover me / the baby as normal. Another difference is that embryo adoption does not qualify parents for the adoption tax credit.

So…for one child only, embryo adoption actually has the potential {once all is said and done} to be more expensive than traditional adoption {factoring in the tax credit.} But if the transfers are successful and result in multiples, or in multiple pregnancies, then EA has the potential to be less expensive overall. Get it? 😉

For us, pursuing EA means that we can pay upfront and not take on debt to finance our adoption fees. {EA fees come in smaller chunks and are more spread out…} This is important to us because we have a hefty amount of student loan debt, and because we felt it best honors God in our lives and story.

All that to say, when people ask “So is EA cheaper than TA?” Chris generally takes the easy route and just answers “Yes, for the most part.” and I usually hem & haw and say something like “Well, potentially, but not totally.” 🙂 In the end, the overall price wasn’t the deciding factor for choosing embryo adoption…and God has been so good and faithful to provide through the generous gifts of others, one wildly large garage sale, and steady jobs that allow us to sock away a solid amount of money each month.

That’s the part that really matters.

Now we’re just waiting on our match!

Blessed am I.

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