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Title 8: Medicaid Page 75 Iowa Department of Health and Human Services Employees’ Manual Chapter D: Resources General Non-MAGI-Related Resource Policies Revised July 10, 2026 What Resources to Count What Resources to Count Legal reference: 20 CFR 416.1201, 20 CFR 416.1208 “Resources” are liquid and nonliquid assets owned by a person that the person is not legally restricted from using for support and maintenance, and that could be converted to cash to use for support and maintenance. Unless specifically exempt, all resources are considered countable. Guardianship, conservatorship, and power of attorney are not legal restrictions on a resource. Continue to count an adult’s resources if the person has (or is waiting for) a guardian, conservator, or person with power of attorney. An applicant or a member is not required to start a lawsuit to access or sell a resource. However, a resource is counted if they (or their conservator) have to petition the court to request access, because this action is not a lawsuit. (See Trust Definitions for more information on conservatorships.) Include the self-attested resources of everyone who is considered part of the non- MAGI-related household. See 8-C, Nonfinancial Non-MAGI-Related Eligibility, when establishing the non-MAGI-related household. Determine countable resources and resource eligibility as of the first moment of the first day of each month, including the retroactive period if the individual meets a category of eligibility for the retroactive period as defined in 8-A, Definitions. If resource values change during the month, eligibility will not be affected until the next month. See NJA0068 Verifying Resources Nonliquid Resources “Nonliquid resources” are assets that cannot be converted to cash within 20 days. Examples are:  Homes and homesteads. See Property in a Homestead.  Nonhomestead property.  Personal property, such as household goods, personal effects, tractors, motor vehicles, machinery, and livestock.