Page 77

Iowa LIHEAP Policy and Procedures Manual Appendix C – Income Source Guide

Effective 09/01/2023

Page | 71

Estate Inheritance Estate inheritance is an estate which may descend to heirs.

X

Executor Fees (reimbursed) A person is reimbursed for executor fees incurred.

X

Farm Income* Farm income includes but is not limited to:

● Proceeds from sale of crops, livestock or products ● Proceeds from land rental

X

*Pro-rate for the verification period selected.

Fellowship Program Fellowships are traditionally awarded to graduate and post-graduate students.

X

FIP (Family Investment Program) The Family Investment Program (FIP) is Iowa's Temporary Assistance to Needy Families (TANF) program. FIP provides cash assistance to needy families as they become self- supporting so that children may be cared for in their own homes or in the homes of relatives.

X Note: FIP is not considered fixed income because the household composition is likely to change.

Flex Spending Account/Health Savings Account A Flexible Spending Account (also known as a flexible spending arrangement) is a special account you put money into that you use to pay for certain out-of-pocket health care costs. You don't pay taxes on this money. This means you'll save an amount equal to the taxes you would have paid on the money you set aside.

Health Savings Accounts are similar to Flex Spending Accounts and are excluded from income.

X Ignore flex dollars used for health insurance premiums when the dollars would not otherwise be available to the LIHEAP customer. Food (donated) Value of federally donated foods [distributed under Section 32 of Public Law No. 74-320 (49 Stat. 774) or Section 416 of the Agriculture Act of 1949 (63 Stat. 1058, 7, CFR 250.6 (c) (9)] are exempt from income.

X

Food (received in lieu of wages) When a person receives food instead of payment for the work done by the individual.

X