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SNAP FAQs-4

What about things I own, such as a car?

You may have assets of up to $2,750. If at least one household member is 60 or older or disabled, $4,250 in assets is allowed.

The following are examples of some items not counted toward your household's asset limit:

•One home and the surrounding property (homestead)
•Income-producing property; and
•Personal effects, such as clothes, jewelry, furnishings, and household goods. Pets are not counted as a resource.

However, the following are examples of some items which are counted towards your household's asset limit:

•Some vehicles worth more than $4,650 (the first vehicle is exempt and other exemptions may apply for one or more additional vehicles)
•Checking and savings accounts, certificates of deposits, stocks, and bonds.
•Recreational vehicles and property other than that listed above.