ASSET LIMITS
ISSUE DATE: 03/2026
MFIP, GA:
The asset limit is $10,000. When counted assets exceed the $10,000 limit, people are either ineligible or must reduce assets within certain time limits. See 0015.72 (Excess Assets – Applicants) and 0015.75 (Excess Assets – Participants).
SNAP:
Only non-categorically eligible SNAP units ARE subject to an asset test. Categorically eligible SNAP units are NOT subject to an asset test. See 0013.06 (SNAP Categorical Eligibility/Ineligibility) to determine categorical eligibility or ineligibility.
For non-categorically eligible SNAP units, see 0015.81 (Assets – SNAP) for the SNAP asset policies, including the asset limits.
MSA:
For non-SSI recipients, follow GA.
For SSI recipients, no action is required. SSA makes all asset determinations.
Residents of a long term care facility (LTCF) whose cost of care is paid for by MA are eligible for MSA if they meet MA (rather than MSA) asset provisions and limits. See the Minnesota Health Care Programs Eligibility Policy Manual. They must meet all other MSA eligibility requirements.
HSP:
For non-SSI recipients, follow GA.
For SSI recipients, no action is required. SSA makes all asset determinations.
PREVIOUS REVISIONS
| Date | Notes |
|---|---|
| 05/2025 | in SNAP, adds that non-categorically eligible SNAP cases are subject to an asset test. Adds general provisions to MFIP, DWP, GA. |
| 09/2016 | updates the name and link of the Minnesota Health Care Programs Eligibility Policy Manual. No policy was changed. |
| 05/2016 | updates section due to Legislative changes for Program Uniformity/Assets. |
| 12/2015 | in GA deletes the 2nd paragraph about excluding additional funds from earned income for residents in a GRH or IRT as this is no longer accurate. |
| 11/2013 | change the link title to Insurance Affordability Programs/Health Care Manuals due to manual name change. No policy was changed. |
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