20-006.01 Unearned Income
477 NAC 20-006.01
Unearned income is any cash benefit that is not the direct result of labor or services performed by the individual as an employee or a self-employed person. Unearned income includes but is not limited to:
- Retirement, Survivors, and Disability benefits;
- Railroad Retirement;
- Child, cash, and medical support;
- Military service benefits;
- VA Benefits;
- Civil service benefits;
- Unemployment compensation;
- Gifts; inheritance
- Disability insurance benefits;
- Workers’ compensation;
- Disability benefits paid by an employer (this does not include sick leave); and
- Returns from securities or investments (i.e., stocks, bonds, annuities, or savings) in which the individual is not actively engaged.
If the client receives a benefit (such as RSDI or VA) for an individual who is not in the unit and does not give the benefit to the individual, it is counted as income to the client.
If payments are received annually, semi-annually, or quarterly, the amount is prorated on a monthly basis.
{01/2014}