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Name: Supplemental Security Income for the Aged, Blind, and Disabled; Subpart K-Income and Subpart L-Resources and Exclusions; Exclusion of Interest on Burial Spaces Rule (20 CFR Part 416)
Country: United States of America
Subject(s): Old-age, invalidity and survivors benefit; Social security (general standards)
Type of legislation: Regulation, Decree, Ordinance
Adopted on: 1991-09-23
Entry into force:
Published on: Federal Register, 1992-01-14, Vol. 57, No. 9, pp. 1383-1384
ISN: USA-1991-R-26755
Bibliography: Federal Register, 1992-01-14, Vol. 57, No. 9, pp. 1383-1384
Abstract/Citation: Reflects amendments to the Social Security Act by the Omnibus Reconciliation Act of 1989; as a result of these amendments an exclusion is provided for supplemental security income purposes from income of the interest accrued on, and left to accumulate as part of, the value of an excluded burial space purchase agreement entered into by an individual or the individual's spouse; and provides an exclusion from resources of the value of a burial space purchase agreement.
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