5161-19      NON-RECURRING LUMP SUM PAYMENTS

 

Non-recurring lump sum payments are exempt as income.  Generally, lump-sum payments are monies owed to the family 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.  Lump-sum payments are counted as a resource in the month of receipt.

 

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