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DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI INCOME SOURCES 07/19 CHAPTER I, PAGE 13

• The result is the average income per payment period. • Convert the average payment period amount to a monthly average by multiplying it by the conversion factor that corresponds to the frequency of the payment period (weekly, bi-weekly, etc). The average monthly payment is the amount that will be used as the projected income. 9.2.1.1. Conversion Factors For projection purposes, an average month is 4.3 weeks. To convert to monthly income: • Multiply weekly income by 4.3; or • Multiply biweekly income by 2.15, or • Multiply semi-monthly income by 2.

10. ABLE Account Disbursements Not Income/Disregard Achieving a Better Life Experience (ABLE) accounts are for eligible individuals living with disabilities. The accounts are administered by Virginia529. Any money in the account is excluded up to $500,000 as a state exemption and is not a countable resource in determining eligibility for AG applications, reapplications, and/or renewals. Disbursements for qualified disability expenses of the beneficiary from these accounts are disregarded. The amount disbursed will not be considered as countable income to the beneficiary. 10.1. Exclusion Up to $500,000 of an ABLE account balance is excluded as a resource. Disbursements or withdrawals from this account for qualified expenses related to maintaining the health, independence, and quality of life of the beneficiary are also excluded as a resource and income. 10.2. Verifications Beneficiaries of the ABLE account are not issued paper statements unless a special request is submitted to Virginia 529 with the agreement to pay a fee for