IMA POLICY MANUALPART VI: FINANCIAL ELIGIBILITY REQUIREMENTS Table of Contents Chapter 1: Determining Countable Assets Introduction 1.1 Legal Authority 1.2 General Principles 1.3 Excluded Assets 1.3.1 Liquid and Non-Liquid Assets 1.4 Liquid Assets (Cash Value) 1.4.1 Non-Liquid Assets (Equity Value) 1.4.2 Burial Funds 1.5 Burial Space 1.6 Business Assets 1.6a Cash Exclusion 1.7 . Earned Income Tax Credit (EITC) 1.8 Energy Assistance 1.9 Higher Education Savings Plans 1.9a Household and Personal Goods 1.10 Inaccessible Assets 1.11 Income 1.12 Income-Producing Assets / Essential to Self-Support 1.13 Income Tax Refunds 1.14 Indian Land 1.15 Jointly Owned Assets 1.16 Unavailable Jointly Owned Assets 1.16.1 Available Jointly Owned Assets 1.16.2 Land Contract 1.17 Life Insurance 1.18 Life Insurance Funded Funerals 1.19 Loan-related Assets 1.20 Non-recurring Lump Sums and Accrued Benefits 1.21 Non-saleable Assets 1.22 Pending Sale of Property 1.23 Real Estate 1.24 Home 1.24.1 Home Sales 1.24.2 Income-Producing Real Property 1.24.3 Probate Property 1.24.4 Property Lot 1.24.5 Temporary Absence from Home 1.24.6 Rent Payments Withheld 1.25 Retirement Plans 1.26 SSI and Public Assistance Benefits 1.27 Transfer of Assets 1.28 Trusts 1.29 Underwood vs. Harris (HUD Reimbursements) 1.30 Vehicles 1.31 Chapter 2: Whose Assets Are Counted Introduction 2.1 Legal Authority 2.2 Asset Groups 2.3 Deeming Assets 2.4 Sponsored Alien Assets 2.5 Determining the Amount of Deemable Assets 2.5.1 Chapter 3: Determining Asset Eligibility Introduction 3.1 Legal Authority 3.2 Asset Limits 3.3 Determining Asset Eligibility/Asset Budgeting 3.4 Determining Retroactive Eligibility 3.5 Verification 3.6 Requirements 3.6.1 Sources 3.6.2 Exhibit VI-1: Asset Limits Chapter 4: Determining Countable Income Introduction 4.1 Legal Authority 4.2 Adoption Subsidy 4.3 Agent Orange Payments 4.4 Americorps 4.5 Capital Gains/Interest/Dividends 4.6 Child Nutrition Benefits 4.7 Children's Earnings 4.8 Child Support 4.9 Disability Benefits 4.10 Domestic Volunteer Service Act Payments 4.11 Donations 4.12 Earned Income Tax Credit (EITC) 4.13 Educational Benefits 4.14 Department of Education - Bureau of Indian Affairs Benefits 4.14.1 Department of Education - Perkins Vocational and Applied Technology Education Act 4.14.2 Department of Education - Title IV Benefits 4.14.3 Other Department of Education Benefits 4.14.4 Energy Assistance 4.15 Foster Care Payments 4.16 Grandparents Caregivers Subsidy 4.16a Guardianship Subsidy 4.16b Housing Assistance 4.17 Incentive Payments for Prenatal and Well-Baby Care 4.18 Income Tax Refunds 4.19 Inconsequential Income 4.20 In-kind Benefits 4.21 Japanese/Aleut Payments 4.22 Jury Duty 4.23 Lease of Natural Resources 4.24 Loans (Non-Educational) 4.25 Lump Sums and Accrued Benefits 4.26 Military Pay and Allotments 4.27 Money Received by a Third Party 4.28 Money Received on Behalf of Others 4.29 Native American Payments 4.30 Nutrition Payments 4.31 Pursuit of Potential Income 4.32 Radiation Exposure 4.33 Railroad Retirement Board Benefits 4.34 Rehabilitation Services Administration Payments 4.35 Reimbursements 4.36 Rental Income 4.37 Room and Board 4.37.1 Roomers 4.37.2 Roommates - Shared Living Arrangements 4.37.3 Retirement Income 4.38 Retroactive Benefits 4.39 Self-Employment 4.40 Senior Community Service Employment 4.41 Social Security Benefits - Old Age, Survivors, and Disability Insurance (OASDI) 4.42 Spouse Support 4.43 Strike Benefits 4.44 Supplemental Security Income (SSI) 4.45 TANF Benefits 4.46 TANF Recoupments 4.47 TANF Sanctioned Amounts 4.48 TANF Underpayments 4.49 Training Income 4.50 Workforce Investment Act (WIA) of 1998 4.50.1 Training Expense Allowances/Stipends 4.50.2 Work/Training Incentive Allowances 4.50.3 Trust Funds 4.51 Unemployment Compensation Benefits (UCB) 4.52 Utility Allowances Received Through HousingPrograms 4.53 Vendor Payments 4.54 Veteran's Benefits - Non-Educational 4.55 Wages 4.56 Worker's Compensation 4.57 Work Study 4.58 Exhibit VI-2: Summary of Earned/Unearned Income Page 1 of 2 1 2 << Back to IMA Policy Manual Main
