A Continuous Source of Income Example

FAA6.N Examples : 20 Liquid Assets (LIAS) Examples : A Continuous Source of Income Example

Continuous Source of Income Example

Jack receives unearned income quarterly in the amount of $1500.

Jack has been receiving this income every three months for the last two years. He expects to continue to receive this income.

For CA and NA, count as unearned income in the month received. Count any funds remaining as a resource in the following month.