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Resource Types

SNAP divides resources into liquid and nonliquid resources.

Liquid resources are resources that the household can quickly convert into cash. Liquid resources include the following:

  • cash,

  • checking or savings accounts,

  • savings certificates,

  • stocks or bonds, and

  • lump sum payments.

    • income tax refunds, rebates, or credits;

    • retroactive social security, SSI, railroad retirement benefits, or other payments;

    • insurance settlements;

    • refunds of a security deposit on rental property or utilities, and

    • substantial lottery or gambling winnings.

Nonliquid resources are

  • personal property,

  • licensed and unlicensed vehicles,

  • buildings,

  • land,

  • recreational properties, and

  • property that is not excluded.
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