R982-403-3. Unearned Income

(1) Countable unearned income is cash received by an individual for which no service is performed. (2) Sources of countable unearned income include the following: (a) pensions and annuities including railroad retirement, Social Security, Supplemental Security Income, veteran's benefits and civil service retirement benefits; (b) disability benefits including industrial compensation, sick pay, mortgage insurance, and paycheck insurance; (c) unemployment compensation; (d) strike or union benefits; (e) veteran's benefits; (f) child support and alimony; (g) Veteran's Educational Assistance intended for family members; (h) trust payments, withdrawals, or dividends received on a regular basis; (i) tribal fund gratuities unless excluded by law; (j) money from sales contracts and mortgages; (k) personal injury settlements; (l) financial payments made by the Department; (m) income from rental property, unless the client also manages the property, in which case the income is considered earned; (n) Temporary Assistance to Needy Families; (o) Emergency Work Program; (p) work allowances; (q) foster care payments; (r) severance pay paid out weekly; (s) 401K payments; (t) retirement income; (u) payments received or drawn down from assets like a reverse mortgage or withdrawals from accounts; and (v) gifts received or payments made on a client's behalf on a regular basis.