Interest earned on a savings account, or on any assets exempted by Federal Law (see PM 07-02-18), is exempt unearned income if total
nonexempt assets are less than the asset limit. If nonexempt assets exceed the asset limit, the interest on a savings account or federally exempt assets is nonexempt income.
Illinois Department of Human ServicesJB Pritzker, Governor · Dulce Quintero, Secretary
IDHS Office Locator
IDHS Help Line
© 2023 Illinois Department of Human Services