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DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE ELIGIBILITY 11/18 CHAPTER E PAGE 53 Examples: One-Time Receipt and Deposit of Excluded Funds An individual deposits a $1,000 SSA check ($800 for the preceding 4 months and $200 for the current month) in a checking account. The account already contains $300 in non-excluded funds. • Of the new $1,300 balance, $800 is excluded as retroactive SSA benefits. • The individual withdraws $300. The remaining $1,000 balance still contains the excluded $800. • The individual withdraws another $300, leaving a balance of $700. All $700 is excluded. • The individual deposits $500, creating a new balance of $1,200. Only $700 of the new balance is excluded. Periodic Receipt and Deposit of Excluded Funds An individual deposits $200 in excluded funds in a non-interest bearing checking account that already contains $300 in non-excluded funds. • The individual withdraws $400. The remaining $100 is excluded. • The individual then deposits $100 in non-excluded funds. Of the resulting $200 balance, $100 is excluded. The individual next deposits $100 in excludable funds. Of the new $300 balance, $200 is excluded.

28. Conservatorship Accounts The term “conservatorship account” refers to a financial account in which a person or institution has been appointed by a court to manage and preserve the assets of an individual which are held in the account. The “individual” is the person for whom a conservatorship account is held.