All lump sum payments that are not listed below or identified in the exemption section are to be treated as fully counted as income in the month received
Death Benefits
- The following death benefits are counted as income in the month received minus a disregard for money used for burial of the deceased:
- Death benefits from labor unions
- Death benefits from Social Security (SSA) or Railroad Retirement
Life Insurance Benefits
- Life Insurance Benefits are counted as income in the month received minus a disregard for money used for burial of the deceased.
Inheritances
- Inheritances are counted as income in the month received minus a disregard for money used for burial of the deceased.
Personal Injury Settlements
- Personal Injury Settlements are counted as income in the month received.
Severance Pay
- Count severance pay as a non-exempt unearned lump sum payment