Minnesota Minnesota

Combined Manual

Combined Manual


INTEREST AND DIVIDEND INCOME

ISSUE DATE: 11/2012

MFIP, WB, DWP, GA:
Exclude as income any interest or dividends from assets which, when combined with other assets, are within the asset limit.

Count other interest or dividends as unearned income.


SNAP:
Count interest and dividends as unearned income.


MSA:
Exclude interest and dividends that:

Accrue on the value of excluded burial funds. See 0015.24 (Excluded Assets - Burial Contracts).

 

OR

Meet the criteria for infrequent, irregular income. See 0017.15.12 (Infrequent, Irregular Income).


Count all other interest and dividends as unearned income.


GRH:
Follow MSA for aged, blind, or disabled clients. Follow MFIP for all other adults.
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