Intergenerational support is analyzed using data from the National Sur
vey of Families and Households. The authors find evidence that a syste
matic latent structure of intergenerational exchange characterizes the
giving and receiving of support. Overall, one-half of Americans do no
t routinely engage in giving or receiving relationships with their par
ents and only about one in 10 are engaged in extensive exchange relati
onships. Parents are assisted more often in situations of poor health,
and more often receive assistance when they have young children. Assi
stance in time of need is not uniform and is rarely extensive. Interge
nerational assistance is constrained by family structure and the needs
and resources of each generation. African-Americans are consistently
less likely than whites to be involved in intergenerational assistance
. In each generation, men receive as much altruistic support as women;
higher levels of giving and receiving of aid among American women are
due to their greater involvement in exchange.