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449 (viii) Individual Development Account (IDA) Categorical eligibility rules apply (See Section 4.1 Temporary Assistance for Needy Families (TANF)/ Supplemental Security Income (SSI) Categorically Eligible Households (ix) Individual retirement accounts (IRA’s)/ Keogh plans Funds held in individual retirement accounts (IRA's), and funds held in Keogh plans which do not involve the household member in a contractual relationship with individuals who are not household members. (x) Lump sum payments See Section 10.5 Lump Sum Payments as Resources. (xi) Refunds of security deposits

(xii) Revocable trust account

(xiii) Savings certificates If jointly owned, see Section 10.4 Jointly Owned Resources. (xiv) Stocks/ bonds

(xvi) Vacation pay to laid off employees Count as income if received monthly in less than one installment. If withdrawn in a lump sum payment or if not withdrawn, count as a resource.

(B) Non-liquid resources. The following chart describes types of non- liquid resources and how they are treated: Non-liquid Resource Description/ Special Treatment (i) Building(s) not associated with the homestead Count building(s) on the property other than the homestead residence and its outbuildings. (ii) Land Provided that these resources are not specifically excluded under Section 10.7 Exclusions from Resources (iii) Lifetime rights to property Count only if rights can be sold or leased. (iv) Non-homestead property Count equity value unless there is a good faith effort to sell (See Section 10.7 Exclusions from Resources (S). (v) Personal property Provided that these resources are not specifically excluded under Section 10.7 Exclusions from Resources (vi) Recreational properties (and any other property) Provided that these resources are not specifically excluded under Section 10.7 Exclusions from Resources (vii) Vehicles (licensed) a. One licensed vehicle b. Any other licensed vehicle that a household member under age 18 drives to work, school, training or to look for work. c. All other licensed vehicles: cars, boats, recreational vehicles motorcycles, etc. Provided that these resources are not specifically excluded under Section 10.7 Exclusions from Resources and unless the household is categorically eligible as defined in Section 4.1 Temporary Assistance for Needy Families (TANF)/ Supplemental Security Income (SSI) Categorically Eligible Households: a. Count fair market value over $4650. b. Count fair market value over $4650. c. Count the higher of either fair market value over $4650 or equity value.

(viii) Vehicles (unlicensed) Provided that these resources are not specifically excluded under Section 10.7 Exclusions from Resources and unless the household is categorically eligible as defined in Section 4.1 Temporary Assistance for Needy Families (TANF)/Supplemental Security Income (SSI) Categorically Eligible Households: Count equity value.