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funded with private funds as a demonstration project. Funds may be withdrawn for qualified purposes only. If rolled over to a Roth IRA, the money is counted against the resource limit according to 55 Pa. Code Chapter 177, Resources.
The policy on SEED accounts became effective April 1, 2006.
Earned income from temporary employment with the U.S. Census Bureau is excluded. This policy became effective February 1, 2000. Resources Resources are excluded as provided in State regulation at 62 P.S.§432.5, and 55 Pa. Code §§177.21(a) and 177.22.
Funds deposited in SEED accounts, including interest, are excluded as a resource when determining eligibility.
The policy on SEED accounts became effective April 1, 2006.
Lump Sum Income
Lump sum income is counted as income only in the month that it is received. Any funds that remain from the lump sum in months following the month of receipt are counted as a resource.
Final rulemaking for this change was published in the Pennsylvania Bulletin on August 23, 2002. Act 2018-125 was passed on October 24, 2018, and provided new rules for the purpose of determining a recipient’s eligibility for cash assistance. Individual lottery winnings of $600 or more shall be considered an available resource. The lottery winnings shall be calculated on a prorated basis over a 12-month period following receipt of the winnings. Lottery winnings are to be reported within 10 days of receipt. Individual lottery winnings greater than $600 is divided evenly over the 12 months following receipt. The divided amount counts as a resource for comparison to the resource limits for the 12-month period of time.
Lump sum lottery winnings of $599.99 or less are counted as income in the month received, and as a resource thereafter if money is still available.