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RESOURCE ITEMS |
COUNTABLE | |
YES |
NO | |
Cash on hand |
X |
|
The current balance of savings account (s) |
X |
|
That portion of checking or savings account other than the monthly income deposited to meet the household’s needs. |
X |
|
Stocks, bonds, mutual fund shares, and savings certificates. |
X |
|
Funds in a retirement account that are accessible (such as 401K, NC State Retirement, etc.) |
|
X |
Funds in a retirement account that are accessible, including IRA and Keogh Plans |
X |
|
Revocable trust funds. |
X |
|
The amount of a lump-sum payment remaining on October 31st, if the lump sum was received prior to September. |
X |
|
Life estate and remainder interest, if salable |
X | |
Net proceeds from a business, including a farm, which has been discontinued. |
X |
|
Equity in real property not used as a home or producing an income |
X | |
Federal Emergency Management Assistance/or Disaster Assistance |
X | |
Household or personal belongings (includes essential and non-essential personal property). |
X | |
Motor vehicles. |
X | |
Primary residence, including mobile home, and all contiguous property. |
X | |
Income producing property. |
X | |
Insurance (including burial, term, and whole life cash values). |
X | |
Value of prepaid burial contracts. |
X | |
Value of burial plots. |
X | |
Savings of a student under age 18 who is saving his money for school expenses. |
X | |
Relocation assistance payments. |
X | |
That portion of monthly income deposited in a checking account to meet monthly needs. |
X | |
Non-saleable life estate or remainder interest. |
X | |
Heir property. |
X | |
HUD community development block grants. |
X | |
Real property ( land or buildings) including mobile homes |
X | |
Any lump-sum payment received on or after September 1st is excluded. |
X | |
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For questions or clarification on any of the policy contained in these manuals, please contact your local county office. |
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