BANK ACCOUNTS (MAM)

____________________________________________________________

Count the value of bank accounts such as but not limited to:

·       savings and savings certificates;

·       checking;

·       pre-paid debit cards (such as Direct Express, Green Dot, EPPI/Way2Go, et cetera)

·       NOW accounts;

·       savings of a foster child either in the form of a revolving fund account or separate savings account;

·       credit union accounts; and

·       patient accounts for nursing facility cases.

Treatment: Countable Resource for all non-MAGI programs

See also ABLE/STABLE-NH ACCOUNTS, CERTIFICATES OF DEPOSIT, IRAs, KEOGH PLANS, PASS and TRUSTS (RESOURCES).

References: He-W 856.04; RSA 167:81