5156-2        LUMP SUM PAYMENTS

Non-recurring lump sum payments are treated as a resource in the month of receipt. Generally, lump-sum payments are monies owed to the household from the past. Lump-sum payments include such things as income tax refunds, rebates, or credits, retroactive payments from Social Security or other agencies, and insurance settlements. Any amount of the non-recurring lump sum payment retained after the month of receipt also counts as a resource.