Topic: Income
Although each spouse’s income is considered separately when determining financial eligibility for long-term care, there’s no provision in SSP policy to allow the Community Spouse to become eligibile for SSP when the couple’s combined income is over the ABD couple standard. When one or both is approved for ADvantage or other HCBW all income is […]
Unearned income – is income that is not in the form of wages, self-employment, or training allowances and for which a person does not put forth physical labor.
Termination – means to close benefits or stop debt collection. Policy regarding this term is located at: Child Care Subsidy: 340:40-7-5. Resources, residence, and citizenship; 340:40-7-8. Defining the need factor for child care benefits; 340:40-9-1. Review of child care eligibility; 340:40-9-2. Case changes; 340:40-9-3. Notices regarding child care eligibility. Public Assistance Procedures (SSP & TANF): […]
Policy Link Regarding TEFRA
Self-employment – A person is considered self-employed when he or she declares himself or herself to be self-employed, there is an employer/employee relationship and the employer does not withhold income taxes or Federal Insurance Contributions Act (FICA), even if required by law to do so, or the employer withholds taxes and the person provides proof […]
Non-recurring lump sum payment – is a payment based on an accumulation of income and payments which are considered windfall in nature.
Legally-binding child support – means. verified court ordered child support payments paid by a household member to or for a non-household member, including child support and child care support payments made to a third party on behalf of the non-household member.
Irrevocable trust – means a trust in which the grantor has expressly not retained the right to terminate or revoke the trust and reclaim the trust principal and income. Policy regarding this term is located at: SoonerCare (Medicaid): 317:35-5-41.2. Miscellaneous Personal property; 317:35-5-41.6. Trust accounts; 317:35-5-41.7. Retirement funds; and 317:35-5-41.8. Eligibility regarding long-term care services. […]
Policy Links Regarding Income
Family share copayment – is the client’s share of the cost of child care. It is based on family size, number of children in care, and income.