3) Burial Fund value in the month of designation
The customer designated her savings account as her burial fund at her interview on November 8. She has no other burial-related resources.
The opening account balance on November 1st was $1,000. Interest in the amount of $0.33 was posted to the savings account on November 23rd. The burial fund exclusion is $1,000.33 because the interest was paid in the month of designation. The savings account is an excluded burial fund beginning with the budget month of November.