Alaska Administrative Code
Title 7 - Health and Social Services
Part 3 - Public Assistance and Medical Assistance
Chapter 45 - Alaska Temporary Assistance Program
7 AAC 45.301 - Pension plan as an exempt resource
Current through August 30, 2024
(a) The cash value of a pension plan of an employed applicant or recipient, other than an account or deferred compensation plan listed in (b) or (c) of this section, is
(b) Money in an account established under 26 U.S.C. 401(a) (Keogh plan), or a substantially similar account, or under 26 U.S.C. 408 (Individual Retirement Account (IRA)) or 26 U.S.C. 408 A (Roth IRA), or a substantially similar account, is a nonexempt resource.
(c) Money in a deferred compensation plan established for purposes of 26 U.S.C. 457 and offered by an employer is a nonexempt resource if the applicant or recipient
Authority:AS 47.05.010
AS 47.27.005