What does not count as a resource?
Social Security does not count:- Your primary residence;
- Your personal possessions;
- Your vehicle(s);
- Resources you could not easily convert to cash, such as jewelry or home furnishings;
- Property you need for self-support, such as rental property or land you use to grow produce for home consumption;
- Non-business property essential to your self-support;
- Life insurance policies;
- Burial expenses including burial plots and up to $1,500 per person for burial expenses;
- Interest earned on money you plan to use for burial expenses; and
- Certain other money you are holding is not counted for nine months, such as:
- Retroactive Social Security or Supplemental —Security Income (SSI) payments;
- Housing assistance;
- Tax advances and refunds related to earned income tax credits and child tax credits;
- Economic recovery payments;
- Compensation you receive as a crime victim; and
- Relocation assistance from a state or local government.
Also see:
- 2026 Federal Poverty Level Guidelines (FPL): 2026/2027 LIS Qualifications and Benefits
- 2027 Low-Income Subsidy Benchmark Premium Amounts (includes 2026 - 2006 for comparison)
- What is the income limit for extra help?
- What does not count toward the income limit?
- What is the resource limit?
- What does not count as a resource?
- Income and Resources (Assets) Worksheet
- CMS Guide to LIS Consumer Mailings
- What will plans be like in 2027
(Source: Social Security Administration: Understanding The Extra Help With Your Medicare Prescription Drug Plan publication 10508, SSA Publication No. 05-10115, January 2011. Additional examples and links from this site)