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11. Annuities – payments from annuities are countable as income.
12. Pensions and Retirement benefits are countable as income, including pensions paid by any private, municipal, county, state or federal plan.
13. Estate and trust income is countable income when distributed or when it should have been distributed, regardless of whether it was actually distributed.
14. Gambling, Lotteries and Raffle Winnings – cash winnings are countable income in the month received.
15. Jury duty pay is countable as income.
16. Alternative trade adjustment assistance (ATAA) payments received from a state agency under the Demonstration Project for Alternative Trade Adjustment Assistance for Older Workers is countable as income.
17. Interest income, including tax-exempt interest, is countable under MAGI rules.
18. Disability benefits received through an accident or health insurance plan – the IRS rules for counting such benefits are as follows:
a) If both the individual and the employer paid the premiums for the plan, only the amount received for disability that is due to the employer’s payments is countable as income,
b) If the individual paid the entire cost of the plan, the payments are not countable as income,
c) If the premiums of a plan were paid through a cafeteria plan and the amount of the premium was not taxable income to the individual, the premiums are considered paid by the employer and the disability payments are countable as income.
Source: 42 CFR § 435.603 (Rev. 2012)
Part 104 Chapter 14: Verification of Income – FCC Programs
Rule 14.1 – Verification Requirements
A. The ACA mandates that states rely heavily on electronic data sources to verify income. Data sources include IRS tax return data for households that file taxes, the Social Security Administration (SSA) for benefits paid through SSA and state data sources such as the MS Department of Employment Security for wage and unemployment compensation verification. Other available state and federal data sources may be used as appropriate.