2) Value of a designated burial fund after a period of suspension

The customer has an excluded burial fund that was valued at $1,485 in April 2009 when the exclusion began. In December of the current year he gets a lump sum payment and is over income. Some of the lump sum payment is not spent, and he customer is over the resource limit in January and February. In March, his resources are again under the limit and his eligibility is no longer suspended. Because his eligibility was suspended and not ended, the value of his excluded burial fund remains unchanged at $1,485 and the interest earned since April 2009 left in the account is also still excluded.

NOTE If the customer had used $50 of the burial fund to buy groceries in December, the exclusion would have ended effective January. The customer would have to re-designate the funds in the account all over again at the current value.