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FOOD AND NUTRITION SERVICES CERTIFICATION INCOME AND RESOURCES FNS 390 RESOURCES

12 Section 390 Change #02-2024 October 1, 2024 Section 8439 of Title 5 USC Federal Thrift Savings Plan Plan offered by the federal government to its employees.

390.10 TRUST ACCOUNTS A. Determine if anyone in the FNS unit has trust accounts. Accept the applicant’s statement of the value, unless questionable. B. Verify accessibility of the account through the administrator of the trust, the Clerk of Court's Office, the bank or financial institution in which the trust is invested, or by seeing the trust agreement. C. If verification of the value is necessary, use the DSS-8650 to request information. If the FNS unit states the information is not readily available or requests assistance, contact the trustee or administrator to request verification. Count as resources the value of an accessible trust account (less any fees by the trustee or administrator). 390.11 UNIFORM TRANSFER TO MINORS ACCOUNT These accounts are “custodial accounts” for minors. A donor (who may or may not be the custodian) gives money irrevocably to set up an account for a minor. For the purposes of these accounts anyone under 21 is considered a minor. The custodian of the account has complete access and may withdraw money (though it is to be used to benefit the minor) at any time. The bank or credit union does not verify the purpose of the withdrawal; therefore, the account is a countable resource to the FNS unit of the custodian. 390.12 PROMISSORY NOTES Determine if any FNS unit has any promissory notes. Accept the applicant's statement, unless questionable. A. A promissory note is a written promise made by one or more persons to pay another a specified amount of money at a specified time or on demand. B. Document who owns the promissory note and how much is owed on the note. 1. Use the DSS-8650 to request verification of what is owed. 2. If the FNS unit states the information is not readily available or requests assistance, provide assistance.