Supplemental Nutrition Assistance Program (SNAP)

snap.jpg

As of Oct. 1, 2008, Supplemental Nutrition Assistance Program (SNAP) is the new name for the federal Food Stamp Program. The new name reflects the changes we've made to meet the needs of our clients, including a focus on nutrition and an increase in benefit amounts. SNAP is the federal name for the program. State programs may have different names.

For Households in the 48 Contiguous States and the District of Columbia Oct. 1, 2008 through Sept. 20, 2009. To get SNAP benefits, households must meet certain tests, including resource and income tests:

Resoruces:

Households may have $2,000 in countable resources, such as a bank account and automobile. Households may have $3,000 if at least one person is age 60 or older, or is disabled.

Income:

Households have to meet income tests unless all members are receiving TANF, SSI, or in some places general assistance.  1 person would qualify if the NET less than $867/month, 2 people $1,167/month, 3 people $1,467/month, 4 people, $1,767/month.

Benefits:

The amount of benefits the household gets is called an allotment. The net monthly income of the household is multiplied by .3, and the result is subtracted from the maximum allotment for the household size to find the household's allotment. This is because SNAP households are expected to spend about 30 percent of their resources on food.  Maximum for 1 person would be $176, for 2 people $323, for 3 people $463, for 4 people $588.

Helpful Links:


Find out if you might be eligible for SNAP nutrition benefits.

Locate your local SNAP office and your State's application form.

Complete an application to become an authorized SNAP retailer.

Source: USDA
Search All Articles
Related Articles
Caution: Bully on Board
Bully_word_imageDo you have a bully on your HOA board? The kind of person whose presence is hard to endure.
Nobody Wants to Be the Board Treasurer - What Do You Do?
768px-green_tick.svgThe most important board role and the one with the most work is the Treasurer.
Money Tips for Young People
TaxespreadsmFinancial matters can seem complicated as a Millennial.
Are You Prepared for a Blizzard?
Blizzard2017 saw some of the most extreme weather in years

More...
Most Popular
How To Save for College With A 529 Plan
529smLearn what a 529 plan is and how it may benefit you and your child.
Buying A Used Car: How To Get The Best Deal
AutosmFive steps to finding the best deal on the best used car for you!
Tips To Choose The Right Accountant
Calcpensmhe right accountant can help save you money and act as a trusted financial advisor
Be Proactive and Improve Neighborhood Safety
Single_spikeIncrease Safety and Security While away from your Home with Spike Strips

More...

Zip Code Profiler

Neighborhoods, Home Values, Schools, City & State Data, Sex Offender Lists, more.

Instant Home Value!