EVALUATION OF LUMP SUMS
ISSUE DATE: 07/2024
MFIP, DWP, GA:
No provisions. See 0017.01 (Non-Recurring Income).
SNAP:
A lump sum payment is NOT counted as an asset. For evaluation of lump sums as income see 0017.15.30 (Lump Sum Income).
MSA:
For SSI recipients, no action is required. SSA makes all asset determinations.
Treat the remaining amount of a lump sum as an asset in the 3rd month after the month of receipt.
Exclude retroactive lump sum payments of RSDI or SSI as assets for 6 months after the client receives them.
GRH:
Follow MSA for aged, blind, or disabled clients. Follow general provisions for all other adults.
PREVIOUS REVISIONS
| Date | Notes |
|---|---|
| 05/2016 | updates section due to Legislative changes for Program Uniformity/Assets. |
| 04/2015 | Removed WB. This program was suspended 12/1/14. |
| 06/2013 | update Food Support and FS to Supplemental Nutrition Assistance Program (SNAP) and FSET to SNAP E&T throughout. No policy was changed. |
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