TN 37 (02-06)

SI 01110.210 Excluded Resources

Citations:

Social Security Act, as amended, §1613(a); 20 CFR 416.1203-416.1204, 416.1210-416.1239, 416.1245, and 416.1247

A. Introduction

Once you have determined that an asset meets the definition of a resource, it is necessary to determine that resource's effect on eligibility. Certain resources do not count against the statutory limit; i.e., they are excluded.

B. Description — List Of Resource Exclusions

Exclusion

Reference

No Limit on
Value and /or Length of Time

Limit on Value and /or Length of Time

Home serving as the principal place of residence, including the land on which the home stands and other buildings on that land

SI 01130.100

X

 

Funds from the sale of a home if reinvested timely in a replacement home

SI 01130.110

 

X

Jointly-owned real property which cannot be sold without undue hardship (due to loss of housing) to the other owner(s)

SI 01130.130

X

 

Real property for so long as the owner's reasonable efforts to sell it are unsuccessful

SI 01130.140

X

 

Restricted, allotted Indian land if the Indian/owner cannot dispose of the land without permission of other individuals, his/her tribe, or an agency of the Federal Government

SI 01130.150

X

 

One vehicle used for transportation

SI 01130.200

X

 

Life insurance, depending on its face value

SI 01130.300

 

X

Burial space or plot held for an eligible individual, his/her spouse, or member of his/her immediate family

SI 01130.400

X

 

Burial funds for an individual and/or his/her spouse

SI 01130.410

 

X

Certain prepaid burial contracts

SI 01130.420

 

X

Household goods and personal effects

SI 01130.430

X

 

Property essential to self-support

SI 01130.500 -
SI 01130.504

 

X

Resources of a blind or disabled person which are necessary to fulfill an approved plan for achieving self-support

SI 00870.000
SI 01130.510

 

X

Stock held by native Alaskans in Alaska regional or village corporations effective January 1, 1992 when the stock becomes a resource

SI 01120.105

X

 

Retained retroactive SSI or RSDI benefits

SI 01130.600

 

X

Dedicated Accounts

SI 01130.601

X

 

Restitution payments for misused Title II, Title VIII and Title XVI benefits

SI 01130.602

 

X

Radiation Exposure Compensation Trust Fund payments

SI 01130.680

X

 

German reparations payments made to World War II Holocaust survivors

SI 00830.710
SI 01130.610

X    

 
    

Austrian social insurance payments

SI 00830.715
SI 01130.615

X    

 

Japanese-American and Aleutian restitution payments

SI 00830.720

X    

 

Federal disaster assistance received on account of a Presidentially declared major disaster, including interest accumulated thereon

SI 00830.620
SI 01130.620

X    

 

Cash (including accrued interest) and in-kind replacement received from any source at any time to replace or repair lost, damaged, or stolen excluded resources

SI 00815.200
SI 01130.630

 

X

Certain items excluded from both income and resources by other Federal statutes

SI 00830.055
SI 01130.060

Varies

 

Agent Orange settlement payments to qualifying veterans and survivors

SI 00830.730
SI 01130.660

X   

 

Victims' compensation payments

SI 00830.660
SI 01130.665

 

X

State or local relocation assistance payments

SI 00830.655
SI 01130.670

 

X

Tax refunds related to Earned Income Tax Credits

SI 00820.570
SI 01130.675

 

X

Grants, Scholarships, Fellowships, and Gifts

SI 01130.455

 

X

Ricky Ray Hemophilia Relief Fund

SI 01130.695

X

 

Veterans’ Children with Certain Birth Defects, Payments to

SI 01130.681

X

 

State Annuities for Certain Veterans

SI 01130.662

X

 

C. References

SI 01130.700, Identifying Excluded Funds that have been Commingled with Nonexcluded Funds

SI 01330.120/SI 01330.220, Exclusion of Retirement Funds from Spousal/Parental Deeming


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0501110210
SI 01110.210 - Excluded Resources - 12/15/2008
Batch run: 01/27/2009
Rev:12/15/2008