what are assets when applying for food stamps
- Certain elderly/disabled households (with income over 200% of poverty guidelines) may have to provide asset information. Information on assets may also be required to prove monthly interest payments (which can be considered income) or to explain what a caseworker determines is âquestionable informationâ (for example, applicants with no income and no outside support). What are Assets? Assets are things that you own. In the SNAP/Food Stamps Program some things count as assets and some things do not. Things that count are: Money that you have in cash or in checking or savings accounts; Stocks Bonds Things that do not count are: Your house and belongings ; A burial plot