EVALUATION OF PENSION AND RETIREMENT PLANS
ISSUE DATE: 05/2025
MFIP, DWP, MSA, GA, GRH:
Count the full value of any available pension or other retirement funds unless there is a penalty for early withdrawal. Once the funds become available, deduct any penalties for early withdrawal. See 0015.06 (Availability of Assets), 0017.15.30 (Lump Sum Income), 0017.15.42 (Interest and Dividend Income), 0022.15 (Counting Lump Sums as Income).
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 0015.84 (Excluded Assets – SNAP) for excluded SNAP assets, including pension plans and retirement accounts.
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