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42 | P a g e October 25 • Veterans' Administration pension increases which are made to a veteran to compensate for paid out-of-pocket medical expenses are not considered income. • In-kind income. Benefits where no monetary payment is made on behalf of or to a household and include meals, clothing, housing or produce from a garden. • If a household manages a duplex in exchange for rent, there would be no income to count. • Valid loans, including reverse mortgages, where there is a monetary payment received from a source outside the household that must be repaid at a future date. The agreement to repay may be either oral or written. Funds received from a valid loan are excluded as income but are included as a resource. • Monetary gifts which are less than $500 per month for household members 18 years of age or older. • Nonrecurring lump sum payments such as: o federal and state tax refunds o rebates or credit refunds o cash life insurance policies o lottery winnings o re-enlistment bonuses o inheritances o insurance reimbursement payments including those under health and accident coverage, and settlement for personal or property losses. o social security, SSI, SSDI, unemployment, other disability compensation, or workers compensation settlements o a Social Security benefit payment for the past 24-month period. The amount of the lump sum benefits for the month prior to the month of application is included as income. The remaining portion of the lump sum benefit payment is excluded. Note: The funds received in the excluded portion of the lump sum payment are considered a resource until spent. Lump sum income means a single sum of money paid all at once rather than in part or in installment payments. • Payments made from the Federal Emergency Management Sub-grantee (FEMA) or Section 8 (HUD) housing. • Payments under P.L. 101-426 Radiation Exposure Compensation Act are excluded as income and as a resource. • Medicare Set Aside Funds are excluded as income. • PASS – (Plan for Achieving Self-Support) Accounts - A PASS account lets disabled individuals set aside money and/or things they own to pay for items or services needed to achieve a specific work goal.