INTEREST AND DIVIDEND INCOME
ISSUE DATE: 12/2014
MFIP, 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.
![]()
![]()
![]()
PREVIOUS REVISIONS
| Date | Notes |
|---|---|
| 11/2012 | update Food Support and FS to Supplemental Nutrition Assistance Program (SNAP) and FSET to SNAP E&T throughout. No policy was changed. |
Report this page