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Title 7: SNAP Table of Contents Chapter D: Resources Revised September 27, 2024 Page 2 Page Iowa Department of Health and Human Services Employees’ Manual Loans ................................................................................................................................ 13 Mopeds ............................................................................................................................. 13 Nonliquid Assets Under Lien ............................................................................................ 13 Other Excluded Federal Payments ................................................................................... 13 Pension Plans and Retirement Accounts ......................................................................... 14 Pets and Property Used for the Pet .................................................................................. 15 Prorated Income ............................................................................................................... 15 Property Producing Income Consistent With Fair Market Value ....................................... 15 Property Sold Under Installment Contract ........................................................................ 15 Property Necessary to Maintain Excluded Vehicles ......................................................... 15 Property Necessary for Employment ................................................................................ 16 Trust Funds ...................................................................................................................... 16 US Savings Bonds............................................................................................................ 17 Vehicles ................................................................................................................................... 17 Excluded Motor Vehicles .................................................................................................. 17 Determining the Fair Market Value ................................................................................... 18 Determining the Countable Value of a Vehicle ................................................................. 19 Jointly Owned Vehicles .................................................................................................... 22 Transferred Resources .......................................................................................................... 22 Allowable Transfers .......................................................................................................... 22 Disqualifying Transfers ..................................................................................................... 23