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DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE ELIGIBILITY 11/18 CHAPTER E PAGE 108 A delay in payment for reasons beyond the individual's control (e.g., an organization's processing time) does not mean that the fund is not a resource since the individual is legally able to obtain the money. It is a non-liquid resource. 57.4. Value The value of a retirement fund is the amount of money that an individual can currently withdraw from the fund. If there is a penalty for early withdrawal, the fund's value is the amount available to an individual after penalty deduction. Any taxes due are not deductible in determining the fund's value. 57.5. Verification Verify the source of the benefits, the availability of funds, the payment options, the approval/denial of a request for periodic payments, the amount of available funds, and the amount of an early withdrawal penalty, if any. 57.6. Excess Resources/Conditional Benefits An individual with excess non-liquid resources, such as retirement funds, may qualify for conditional benefits while awaiting payment. See Conditional Benefits Chapter F.

58. Retroactive RSDI and SSI Payments (Title II and Title XVI) Retroactive RSDI benefits are those issued in any month that is more than a month after the calendar month for which they are paid. Thus, RSDI benefits for January that are issued in February are not retroactive, but RSDI benefits for January that are issued in March are retroactive. Retroactive SSI benefits are SSI benefits issued in any month after the calendar month for which they are paid. Thus, benefits for January that are issued in February are retroactive. Note: General Relief Interim Assistance Reimbursement (IAR) When SSA reimburses a local department of social services under an IAR agreement and the agency refunds a portion of this to the individual, what the individual receives is treated as a retroactive SSI payment. 58.1. Exclusion The unspent portion of retroactive SSI and RSDI benefits is excluded from resources for the 9 calendar months following the month in which the individual