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361 (07/2026) Chapter 2:Eligibility • Section 5: Financial eligibility Roth IRA, SEP, Simple IRA, and any other retirement plan designated as tax-exempt under a successor or similar provision of the Internal Revenue Code of 1986 are excluded resources. 7. For all programs except OSIPM, MSP, REF, REFM, SNAP and TANF, the equity value of a pension and retirement plan that allows an individual to withdraw funds before retirement, minus any penalty for early withdrawal, is counted as a resource. For HSD medical programs, exclude non-taxable pension and retirement plan payments for monthly and annual income; taxable payments are counted. Oregon Administrative Rule(s) 461-145-0380 — Pension and Retirement Plans 410-200-0015 (54) and (55) — General Definitions 414-175-0035 — Specific Financial Requirements Personal belongings Personal belongings are items needed to occupy and/or maintain a home such as household furnishings and yard care equipment. Also included are personal items that are used on a regular basis, worn or carried by the individual, or have some other personal relation to the individual such as clothing, heirlooms, keepsakes and hobby equipment. The value of such items is excluded except when they were acquired or are held for their monetary value or as an investment. When acquired or held for their monetary value or as an investment, items are not considered personal belongings and their value is countable. Such items may include gems, jewelry that is not worn or held for family significance, collectibles and other items. For HSD medical programs, resources are not considered in eligibility determination. Oregon Administrative Rule(s) 461-145-0390 — Personal Belongings 414-175-0035 — Specific Financial Requirements Personal injury settlement In ONE, payments from personal injury settlements/accident insurance are coded on the Unearned Income screen: • Unearned Income Category – Personal Injury Settlement/Accident Insurance • Unearned Income Type – Personal Injury Settlement/Accident Insurance For all programs except ERDC, treat personal injury settlements as follows: • Count monthly payments as unearned income. • For individuals in all programs except individuals with blindness or disability eligible for SSI in December 1973 in OSIPM, count all other payments as periodic or lump-sum income.