PM 07-04-01-c: Assets of Unit Members Who Receive TANF or SSI

WAG 07-04-01-c

  • Exempt the assets of a person who receives TANF or SSI, unless the household receives substantial lottery or gambling winnings as a cash prize of New Manual Text$4,500 or more. See PM 07-04-21
  • Consider a person who is approved to receive TANF or SSI benefits, but who has not received payment, as a recipient of those benefits.
  • An SSI lump sum payment for past-due benefits received by a SNAP household member who has ongoing SSI eligibility is exempt. This includes an SSI lump sum payment for past-due benefits directly deposited into a dedicated bank account. SSA requires the SSI lump sum benefit be deposited into a dedicated bank account when:
    • the child being awarded the payment is under age 18 and has a representative payee; and
    • the lump sum payment for past-due benefits is greater than 6 times the monthly SSI rate.