Idaho Admin. Code r. 16.03.04.323 - LUMP SUM RESOURCES

Nonrecurring lump sum payments are considered a resource in the month received, unless excluded under these rules. A household is not required to report changes in resources during a certification period. Some lump sum payments are listed below: (3-17-22)

01. Retroactive Payments. Retroactive payments from: (3-17-22)
a. Social Security. (3-17-22)
b. SSI. (3-17-22)
c. Public Assistance. (3-17-22)
d. Railroad Retirement Benefits. (3-17-22)
e. Unemployment Compensation Benefits. (3-17-22)
f. Child Support. (3-17-22)
02. Insurance. Insurance settlements. (3-17-22)
03. Refunds. Income tax refunds, rebates, or credits. (3-17-22)
04. Property Payments. Lump sum payment from sale of property. Contract payments from the sale of property are counted as income. (3-17-22)
05. Security Deposits. Refunds of security deposits on rental property or utilities. (3-17-22)
06. Disability Pension. Annual adjustment payments in VA disability pensions. (3-17-22)
07. Vacation Pay. Vacation pay, withdrawn in one lump sum by a terminated employee. (3-17-22)
08. Military Bonus. Military re-enlistment bonuses. (3-17-22)
09. Readjustment Pay. Job Corps readjustment pay. (3-17-22)
10. Severance Pay. Severance pay, paid in one (1) lump sum to a former employee. (3-17-22)
11. TAFI One-Time Cash Payment. The one-time TAFI cash diversion payment. (3-17-22)

Notes

Idaho Admin. Code r. 16.03.04.323

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.


No prior version found.