For those households, total assets including cash, savings accounts, stocks and bonds cannot be more than $3,750. There is no asset limit EXCEPT for households whose gross income is more than 185% of the Federal Poverty Level. (applies to most households, except those in which at least one person is 60 years of age or older, or receives disability income)
Details can be found on their website at Įffective October 1, 2021, the gross monthly income limits and net monthly income limits are as listed below.
These deductions are established by the USDA Food and Nutrition Service. The net income limit is equal to the current Federal Poverty Level and is the amount left over after certain deductions are allowed. However, all households are subject to a monthly net income limit. The gross income limit does not apply to households in which at least one person is 60 years of age or older, or receives disability income. The gross income limit is equal to 185% of the current Federal Poverty Level and is the amount of income the household has before taxes and deductions. The gross income limit applies to most households. All income standards listed in the following table below are monthly figures. The income standards for SNAP are based the federal poverty levels (FPL). For some households, there is also an asset limit. To receive SNAP benefits in Connecticut, household income and other resources have to be under certain limits and are reviewed.