Abstract
This study explores the relationship between residential, biological fathers' parental engagement, financial contributions, and psychological well‐being in 2‐parent families. Specifically, this study focuses on how fathers' parental engagement and financial contributions are related to their self‐esteem, self‐efficacy, and psychological distress. Analyses utilize data from the first 2 waves of the Panel Study of Income Dynamics' Child Development Supplement and employ a subsample of father‐child pairs (N = 771). The most consistent finding was that fathers' engagement in parenting and financial contributions to the family predicted improvements in fathers' psychological well‐being. On the other hand, the results found very limited support for the more common proposition that healthy psychological functioning promotes increases in fathers' parental engagement and financial contributions.
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