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BUDGETING LUMP SUMS IN A PROSPECTIVE MONTH

ISSUE DATE: 12/2014

MFIP, GA:
See 0015.60 (Evaluation of Lump Sums), 0017.15.30 (Lump Sum Income), 0022.18 (Suspensions).


DWP, GRH:

See 0015.60 (Evaluation of Lump Sums), 0017.15.30 (Lump Sum Income), 0022.15 (Counting Lump Sums as Income).


SNAP:

Treat lump sums as an asset, not income. See 0013.06 (SNAP Categorical Eligibility/Ineligibility), 0015.60 (Evaluation of Lump Sums).


MSA:

Count the lump sum as income in the month received. The lump sum becomes an asset in the following months. Allow the same disregards and expenses as for other income. See 0018 (Determining Net Income).

If the lump sum is an SSI payment, see 0012.12.03 (Interim Assistance Agreements), 0015.60 (Evaluation of Lump Sums), 0017.15.30 (Lump Sum Income), 0017.15.45 (Income From RSDI and SSI), 0022.15 (Counting Lump Sums as Income).

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