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GARNISHMENT: ACA: Count the gross income amount. ABD and Family Medically Needy: Count the gross income amount when unearned income is garnished for something other than an overpayment from the same income source. ABD and Family Medically Needy: Payment of a legally obligated child support debt is an allowable expense. See CMA 602-1 Income Disregards and Deductions

See ‘Recoupments for Overpayments’ in this section if the income is being reduced to repay over-issued income from the same income source.

GIFTS: ACA: Exclude gifts up to $16,000 per person per year from the same source (e.g., mom, grandfather, sister, friend, etc.). Count gifts in excess of $16,000 per person per year from the same source in full.

ABD and Family Medically Needy:

· Exclude irregular or infrequent monetary gifts that cannot be prospected. · Count monetary gifts that can be prospected. Prorate countable gifts given to the entire household among the household members.

Family Medically Needy: Exclude gifts of money up to $50 per filing unit member per month. Gifts over $50.00 per person per month that can be prospected are countable in their entirety.

See also: ‘Irregular/Infrequent Income’, ‘Lump Sum’ and ‘Contributions’ in this manual section.

HOME EQUITY CONVERSION PLAN: Home Equity Conversion Plans allow a household to borrow money or receive payments against their home’s equity value. Reverse Annuity Mortgage Loan Program (RAM) and the Home Equity Conversion Sale Leaseback Program are the two most common conversion plans.

Reverse Annuity Mortgage (RAM):

· RAMs are loans against the home’s equity value and the income received is excluded. · Repayment is due when the house is sold, the owners no longer live in the house, or when the owners pass away (repayment is taken from the estate). A