TN 5 (12-94)

SI 01330.460 Deeming - Countable Resources - Policy

Citations:

Sec. 211 of Public Law 93-66, as amended.

Regulations 20 CFR 416.1203, 20 CFR 416.1205

POLICY

1. Total Countable Resources

A qualified individual's total countable resources are the combination of the qualified individual's resources and those of the essential person, after application of the appropriate exclusions. The exclusions are applied after the essential person's resources are deemed.

2. Limit With No Spouse

For a qualified individual with no spouse, the qualified individual's countable resources are compared with the resource limit for an individual. If the resources do not exceed the limit, the qualified individual meets the resource eligibility requirement. (If countable resources exceed the limit, see SI 01150.200ff.)

3. Limit With Spouse

For a qualified individual with a spouse, the qualified individual's countable resources are compared with the resource limit for an individual with a spouse. If the resources do not exceed the limit, the qualified individual meets the resource eligibility requirement. (If countable resources exceed the limit, see SI 01150.200ff.)


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0501330460
SI 01330.460 - Deeming - Countable Resources - Policy - 11/01/1995
Batch run: 01/27/2009
Rev:11/01/1995