330-3       EXEMPT INCOME

Income Excluded by Federal Law.  Any compensation or benefits that are exempt under federal law are also excluded for Senior Benefits.  This includes Violent Crimes Compensation, Foster Grandparent/Elder Mentor and Senior Companions programs.

Permanent Fund Dividends.  Permanent Fund Dividends are not counted as income for Senior Benefits.

Unavailable income.  Income that is not legally available to meet the individual’s or couple’s basic needs for food or shelter is not counted as income for Senior Benefits.  For example, an amount withheld from a benefit payment to repay a debt or a previous overpayment would be considered as unavailable income.

Money received by the household for the care of the child, such as child support, foster care payments or adult not included TANF(Temporary Assistance to Needy Families) is considered income for the child and is not available to the applicant.