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PY26 WHEAP Manual

Revised: August 2025 Table 3.5: Deducted Income Types

3.3.9 Ignored Income Table The following table provides a listing of the income deducted types including a definition/description.

Table 3.6: Ignored Income Types Ignored Income Types Adoption Assistance Social Security Act Title IV-E Fund. Provides monthly payment to adoptive parents to assist with the care of a special needs child. Count the child in the household. Assets • Any personal asset sold in the prior month test period; see Section 3.3.1 (1). • Withdrawals from the principal of interest/dividend earning accounts as savings accounts, stocks, certificate of deposits (CD), U.S. Treasury Bonds, etc. • Lump sum withdrawals from an IRA account before the account owner is 73 years old or the account owner is under 73 but has inherited an IRA from someone over 73 are not counted as income. • Capital gains

NOTE: All lump sums for someone under 73 years of age are ignored when it is an asset.

NOTE: Remember to check for interest, which is counted as income if greater than or equal to $120 per year. Bonus Any received bonuses and profit sharing. COVID-related income Temporary COVID-related income shall be ignored, including the following: • Bonuses or hazard pay from any employers including tribal governments • Increased benefits to tribal members Dividends/Interest If the annual combined total earned is less than $120, ignore the income. Income Deducted Types Child Support Paid Enter the child support paid in the test period and the HE+ System will subtract the child support paid from the income calculation. See Section 3.3.3. Medicare Part B, Part C, and Part D Premiums • The Medicare Part B, Part C, and Part D premiums shall be deducted when entering Social Security Retirement income. • Medical insurance premiums shall be deducted from the retirement pay of those receiving federal retirement or Railroad Retirement benefits, up to an amount equal to the standard Medicare Part B, Part C, and Part D premium.