In determining countable resources, certain exclusions are authorized by Title XVI of the Social Security Act, as well as by other Federal laws, and by certain court cases.
SSI Resource exclusions include:
A. An individual's home, regardless of value. This exclusion applies to a home owned by the individual or the individual's spouse if it is the principal place of residence. A home includes any adjacent land and related buildings on it.
B. Restricted allotted Indian lands.
C. Household goods and personal effects regardless of value. .
D. One automobile, regardless of value, if used to provide necessary transportation.
E. Property of a trade or business without limit.
F. Non-business property that is necessary for self-support if it is of reasonable value.
G. Resources of a blind or disabled individual which are necessary to fulfill an approved Plan for Achieving Self-Support (see §2177).
H. Life insurance as described in §2159.
I. Burial spaces and certain burial funds up to $1,500 as explained in §§2160 and 2161.
J. Disaster relief as described in §2162.
K. Payments or benefits excluded by provisions of a Federal statute other than Title XVI of the Social Security Act.
L. Title XVI or Title II retroactive payments as provided in CFR §416.1233.
M. Housing assistance as provided in CFR §416.1238.
N. Refunds of Federal income taxes and advances made by an employer relating to an earned tax credit as provided in CFR §416.1255..
O. Shares of stock held by a native of Alaska in a regional or village corporation during the 20-year period in which, under the provisions of the Alaska Native Claims Settlement Act, such stock cannot be transferred.
P. Payments received as compensation for expenses incurred or losses suffered as a result of a crime for nine months following receipt;
Q. Relocation assistance from a State or local government for nine months; and
R. Dedicated financial institution accounts required to be established for the payment of past-due benefits to disabled children as provided in 20 CFR 416.1247.
S. Grants, scholarships, fellowships or gifts provided for tuition, fees or other necessary educational expenses for 9 months after the month of receipt (effective 6/1/04). See the Educational Program Accounts topic for more information.
This information is from Section 2156 of the SSA Handbook. Unless otherwise noted, section numbers refer to the SSA Handbook.
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