Effective Date: November 1, 2021

No Previous Policy

A. SSI Dedicated Accounts-Interest

1. Do not count interest earned from SSI Lump Sum Funds paid to a minor child and deposited in a "dedicated account" which meets the requirements to be exempt as a resource.

2. If a child continues to receive SSI after turning 18, and the dedicated account continues to meet exemption requirements, the interest continues to be excluded from income.

3. Do not count interest earned on retained funds as income.

B. ABLE Accounts

Do not count A BLE account deposits, interest earnings and dividend earnings.

C. Interest Accrued and Matching Funds Paid on an Individual Development Account

1. Exclude interest from both TANF and demonstration project IDA's. Also, do not count matching funds paid into the account from the TANF agency or from a non-profit organization making matching fund contributions. For earned income exclusion, see

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Effective Date: November 1, 2021

Official source

No Previous Policy

A. SSI Dedicated Accounts-Interest

1. Do not count interest earned from SSI Lump Sum Funds paid to a minor child and deposited in a "dedicated account" which meets the requirements to be exempt as a resource.

2. If a child continues to receive SSI after turning 18, and the dedicated account continues to meet exemption requirements, the interest continues to be excluded from income.

3. Do not count interest earned on retained funds as income.

B. ABLE Accounts

Do not count A BLE account deposits, interest earnings and dividend earnings.

C. Interest Accrued and Matching Funds Paid on an Individual Development Account

1. Exclude interest from both TANF and demonstration project IDA's. Also, do not count matching funds paid into the account from the TANF agency or from a non-profit organization making matching fund contributions. For earned income exclusion, see