753-6 OTHER EXCLUSIONS
Monies retained from the following sources are also exempt as resource:
- Permanent Fund Dividends (PFDs) or SNAPSupplemental Nutrition Assistance Program PFDPermanent Fund Dividend Hold Harmless payments issued to replace SNAPSupplemental Nutrition Assistance Program benefits;
- Federal Income Tax Returns received after December 31, 2009 for 12 months from the date of receipt;
- Receipt of bona fide loans;
- Restitution payments;
- Settlement payments resulting from the Cobell v. Salazar class action lawsuit are exempt as a resource for 12 months from the date of receipt.
- Disaster relief funds (as specified in the Income section of this manual);
- Earnings from participation in the Summer Youth Employment and Training Program (SYETP) operated under the Workforce Innovation and Opportunity Act (WIOA) of 2014;
- Energy Employees Occupational Illness Compensation payments; and
- Payment received from a fund established by a State to aid victims of crime.
- A dedicated account is an account set up with past due SSISupplemental Security Income payments made on or after August 23, 1996 for SSISupplemental Security Income recipients under the age of 18. Funds in a dedicated account are not available to meet the daily basic needs of the recipient. Use of the funds in the account is restricted to treatment, equipment, and accommodations related to the child's disability. Funds in a dedicated account are not a countable resource. (For more information on dedicated accounts, please see APAAdult Public Assistance MS 432-4 A.)
- An ABLEAchieving a Better Life Experience account is a tax-advantaged account for eligible beneficiaries with a disability onset date before their 26th birthday. Money deposited into an ABLEAchieving a Better Life Experience account and any distribution from an ABLEAchieving a Better Life Experience account for qualified disability expenses will not be counted as either income or a resource for ATAPAlaska Temporary Assistance Program. (For additional information, see APAAdult Public Assistance MS 433-4.)
- A Health Savings Account (HSA) is a tax-sheltered trust account owned by the user for the purpose of paying qualified medical expenses for themselves, their spouse, and their dependents. This type of account is exempt if the HSAHealth Savings Account trustee has set restrictions on the HSAHealth Savings Account so the individual can only use the funds for qualified medical expenses.
To maintain the exclusion, the retained portion of such funds must be kept identifiable. A separate bank account is the preferred method of maintaining identifiable but is not mandatory. An applicant or recipient may satisfy the requirement of identifiability by providing reasonable documentation of the amount retained. Verification that monies on deposit are retained from the above sources is not required unless there is good reason to question the source of the funds.