TN 6 (08-95)

SI 01330.260 Deeming - Countable Resources

Authority: Act, Sec. 1614(f), as amended. Regulations 20 CFR 416.1202, 20 CFR 416.1205

A. Policy — child's total countable resources

A child's total countable resources are the combination of the value of the deemed resources and the nonexcluded resources of the child.

B. Policy — resource limit

A child's countable resources are compared with the resource limit for an individual with no spouse. If the resources do not exceed the limit as of the first moment of the month, the child meets the resource eligibility requirement. If countable resources exceed the limit as of the first moment of the month, the child is ineligible because of excess resources.


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0501330260
SI 01330.260 - Deeming - Countable Resources - 10/28/2014
Batch run: 10/28/2014
Rev:10/28/2014