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Title 7: SNAP Page 9 Iowa Department of Health and Human Services Employees’ Manual Chapter D: Resources Excluded Resources Revised September 27, 2024 Education Accounts Education Accounts Public Law 110-246, Section 4104(b) Exclude funds in a qualified tuition program described in section 529 of the Internal Revenue Code of 1986 or in a Coverdell Education Savings Account under section 530 of the Internal Revenue Code. Examples are the College Savings Iowa 529 Plan, other states’ 529 plans, and Coverdell accounts (sometimes referred to as Coverdale). Money that a household puts into regular accounts that do not receive tax-preferred treatment is not excluded. Education Assistance 441 IAC 65.30(5) See 7-I, Students: Resources. Energy Assistance Payments 7 CFR 273.8(e)(14) Exclude payments funded through the Department of Health and Human Services Low-Income Energy Assistance Program. Funeral Agreements 7 CFR 273.8(e)(2) Exclude the value of one funeral agreement, such as a burial trust or funeral contract, per household member. Gift Cards (Store-Specific) 7 CFR 273.8(e)(2) Exclude the value of store-specific gift cards. Homestead 7 CFR 273.8(e)(1) Exclude the home the household lives in and the surrounding property. This exclusion also applies when the household intends to return but is temporarily away from home because of:

▪ Employment. ▪ Training for future employment. ▪ Illness. ▪ Conditions that made the home and lot uninhabitable due to a casualty or natural disaster.

For the purposes of this exclusion, “surrounding property” is property that the house is on and all other property that is not separated by property owned by someone else. If the household’s property is separated by a public road or other right-of-way, exclude the household’s property that lies on both sides of the public road or right-of-way.