You are here

Income support asset limits 20 March 2022

Document
 Old rateNew RateDifference
Income support asset limits01/01/202220/03/2022 
Assets value limit   
Homeowner Limit 
Single $     270,500.00 $     270,500.00 $                 -  
Partnered (each) including illness separated and respite care $     202,500.00 $     202,500.00 $                 -  
Non-homeowner Limit 
Single $     487,000.00 $     487,000.00 $                 -  
Partnered (each) including illness separated and respite care $     310,750.00 $     310,750.00 $                 -  
    
Extra allowable amount Limit 
Extra allowable amount $     216,500.00 $     216,500.00 $                 -  
    
Asset Levels at which SP/AP ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $     593,000.00 $     599,750.00 $      6,750.00
Partnered - combined $     891,500.00 $     901,500.00 $     10,000.00
Illness Separated - combined $  1,050,000.00 $  1,063,500.00 $     13,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $     809,500.00 $     816,250.00 $      6,750.00
Partnered - combined $  1,108,000.00 $  1,118,000.00 $     10,000.00
Illness Separated - combined $  1,266,500.00 $  1,280,000.00 $     13,500.00
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $     588,500.00 $     595,000.00 $      6,500.00
Partnered - combined $     884,500.00 $     894,500.00 $     10,000.00
Illness Separated - combined $  1,041,000.00 $  1,054,000.00 $     13,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $     805,000.00 $     811,500.00 $      6,500.00
Partnered - combined $  1,101,000.00 $  1,111,000.00 $     10,000.00
Illness Separated - combined $  1,257,500.00 $  1,270,500.00 $     13,000.00
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $     539,750.00 $     545,250.00 $      5,500.00
Partnered - combined $     839,500.00 $     848,500.00 $      9,000.00
Illness Separated - combined $     943,500.00 $     954,500.00 $     11,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $     756,250.00 $     761,750.00 $      5,500.00
Partnered - combined $  1,056,000.00 $  1,065,000.00 $      9,000.00
Illness Separated - combined $  1,160,000.00 $  1,171,000.00 $     11,000.00
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $     535,000.00 $     540,500.00 $      5,500.00
Partnered - combined $     832,500.00 $     841,500.00 $      9,000.00
Illness Separated - combined $     934,000.00 $     945,000.00 $     11,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $     751,500.00 $     757,000.00 $      5,500.00
Partnered - combined $  1,049,000.00 $  1,058,000.00 $      9,000.00
Illness Separated - combined $  1,150,500.00 $  1,161,500.00 $     11,000.00
    
Asset Levels at which VP ceases   
Low Limit Limit 
Not a Member of a Couple $     619,750.00 $     627,000.00 $      7,250.00
Partnered - combined $     949,500.00 $     961,000.00 $     11,500.00
Illness Separated - combined $  1,103,500.00 $  1,118,000.00 $     14,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $     836,250.00 $     843,500.00 $      7,250.00
Partnered - combined $  1,166,000.00 $  1,177,500.00 $     11,500.00
Illness Separated - combined $  1,320,000.00 $  1,334,500.00 $     14,500.00
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $     575,750.00 $     582,000.00 $      6,250.00
Partnered - combined $     865,000.00 $     875,000.00 $     10,000.00
Illness Separated - combined $  1,015,500.00 $  1,028,000.00 $     12,500.00
Non-homeowner Limit 
Not a Member of a Couple $     792,250.00 $     798,500.00 $      6,250.00
Partnered - combined $  1,081,500.00 $  1,091,500.00 $     10,000.00
Illness Separated - combined $  1,232,000.00 $  1,244,500.00 $     12,500.00
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple $     522,250.00 $     527,500.00 $      5,250.00
Partnered - combined $     813,000.00 $     821,500.00 $      8,500.00
Illness Separated - combined $     908,500.00 $     919,000.00 $     10,500.00
Non-homeowner Limit 
Not a Member of a Couple $     738,750.00 $     744,000.00 $      5,250.00
Partnered - combined $  1,029,500.00 $  1,038,000.00 $      8,500.00
Illness Separated - combined $  1,125,000.00 $  1,135,500.00 $     10,500.00
    
Assets at which minimum payment paid (veteran payment)   
Homeowner Limit 
Not a Member of a Couple $     607,000.00 $     614,000.00 $      7,000.00
Partnered - combined $     930,000.00 $     941,000.00 $     11,000.00
Illness Separated - combined $  1,078,000.00 $  1,092,000.00 $     14,000.00
Non-homeowner Limit 
Not a Member of a Couple $     823,500.00 $     830,500.00 $      7,000.00
Partnered - combined $  1,146,500.00 $  1,157,500.00 $     11,000.00
Illness Separated - combined $  1,294,500.00 $  1,308,500.00 $     14,000.00
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $     491,250.00 $     496,000.00 $      4,750.00
Partnered - combined $     690,000.00 $     696,000.00 $      6,000.00
Illness Separated - combined $     846,500.00 $     856,000.00 $      9,500.00
Non-homeowner Limit 
Not a Member of a Couple $     707,750.00 $     712,500.00 $      4,750.00
Partnered - combined $     906,500.00 $     912,500.00 $      6,000.00
Illness Separated - combined $  1,063,000.00 $  1,072,500.00 $      9,500.00
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple $     438,000.00 $     441,500.00 $      3,500.00
Partnered - combined $     638,000.00 $     643,000.00 $      5,000.00
Illness Separated - combined $     740,000.00 $     747,000.00 $      7,000.00
Non-homeowner Limit 
Not a Member of a Couple $     654,500.00 $     658,000.00 $      3,500.00
Partnered - combined $     854,500.00 $     859,500.00 $      5,000.00
Illness Separated - combined $     956,500.00 $     963,500.00 $      7,000.00