Page 11

MISSISSIPPI DIVISION OF MEDICAID Eligibility Policy and Procedures Manual CHAPTER 200A – Income: ABD Categories Page |11 Effective Month: July 2025 200A.02.02 TYPES OF INCOME Income is either earned or unearned. Different rules apply to each type. Some examples of the types of income are listed below. TYPES OF EARNED INCOME Earned income consists of the following types of payments: • Wages • Net earnings from self-employment (NESE) • Payments for services performed in a sheltered workshop or work activities center • Royalties earned by an individual in connection with any publication of his work and any honoraria received for services rendered TYPES OF UNEARNED INCOME Unearned income consists of the following types of payments: • Annuities, pensions, and other periodic payments • Alimony and support payments • Dividends, Interest and royalties (except for royalties mentioned above) • Rents • Benefits received as the result of another’s death to the extent that the total amount exceed expenses of the deceased last illness and burial paid by the beneficiary • Prizes and awards • In-kind support and maintenance 200A.02.03 FORMS OF INCOME Whether earned or unearned, income may be received in either of two forms: • Cash – Currency, checks, money orders or Electronic Funds Transfers (EFT), such as: o Social Security o Unemployment Compensation o Wages