611.03 Time Frames for Using Averaged Fluctuating Income (AAM) |
Previous Policy |
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Use the averaged fluctuating income for a set period of time based on the table below. See Parts 127, Length of Eligibility, and 155, Redetermination, for redetermination periods.
If the individual has... |
The average... |
• no significant changes |
• is valid for the next 6 months or until the next redetermination, whichever occurs first |
• reported or discovered significant changes |
• must be redone based on the new circumstances and requires a redetermination of eligibility |
• a history of unreported significant changes |
• requires a new average to be redone every 3 months and a redetermination of eligibility |
References: RSA 161:4-a,IX, RSA 167:3-c,I, He-W 652.06