IDA WITHDRAWALS SR 01-33 Dated 12/01 (FAM-A)

Funds withdrawn from an Individual Development Account (IDA).

Treatment: Excluded Income, if used for a qualified purchase (see PART 411, LESS COMMON TYPES OF RESOURCES: INDIVIDUAL DEVELOPMENT ACCOUNT (IDA))

Treatment: Countable as Lump Sum Income, if used for a nonqualified purchase (see PART 511, COMMON TYPES OF INCOME: LUMP SUM INCOME).

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