 |
Code of Federal Regulations (Last Updated: July 5, 2024) |
 |
Title 45 - Public Welfare |
|
Subtitle B - Regulations Relating to Public Welfare |
|
Chapter II - Office of Family Assistance (Assistance Programs), Administration for Children and Families, Department of Health and Human Services |
|
Part 263 - Expenditures of State and Federal TANF Funds |
|
Subpart C - What Rules Apply to Individual Development Accounts? |
§ 263.23 - How does a State prevent a recipient from using the IDA account for unqualified purposes?
Latest version.
-
§ 263.23 How does a State prevent a recipient from using the IDA account for unqualified purposes?
To prevent recipients from using the IDA account improperly, States may do the following:
(a) Count withdrawals as earned income in the month of withdrawal (unless already counted as income);
(b) Count withdrawals as resources in determining eligibility; or
(c) Take such other steps as the State has established in its State plan or written State policies to deter inappropriate use.