TANF, SNAP, Children on TP 32 and Children on TP 56
Countable lump-sum payments include, but are not limited to, retroactive lump-sum RSDI , public assistance, retirement benefits, lump-sum insurance settlements, refunds of security deposits on rental property or utilities and lump-sum child support payments.
Lump-sum payments received once a year or less frequently are counted as resources in the month received, unless specifically excluded by other policies.
Lump-sum payments received or anticipated more often than once a year are counted as unearned income in the month received.
If a portion of a lump sum will be received as ongoing income, the ongoing portion is counted as income in the month received.
Example : A person receives a lump-sum payment in the amount of $4,950 from the Social Security Administration in the month of March. Effective that same month, the person receives their first monthly RSDI payment of $950, which is included in the $4,950 lump-sum payment. Budget the $950 RSDI payment beginning with the month of March as an ongoing payment and consider the $4,000 as a lump-sum payment.
Exceptions :
Federal tax refunds and EITC s are exempt from resources for a period of 12 months after receipt.
If a person is scheduled to receive retroactive SSI benefits in installment payments of up to three payments, paid every six months: the payments count as a resource in the month received if the person is not a current SSI recipient; and the payments are excluded if the person is a current SSI recipient.