Assessment of income from Home Equity 108-04100010

This page contains links to policy and legislation.

Policy

Guide to Social Security Law, 1.1.H.70, Home equity conversion agreement

Guide to Social Security Law, 4.3.8.10, Home Equity Conversion Agreement

Legislation

Links to the Federal Register of Legislation site go to a 'Series' page. Select the 'Latest' version.

Income Test

Social Security Act 1991, section 8, Income test definitions

• section 8, Income test definitions
• subsection 4, Excluded amounts - home equity conversion (not member of a couple)
• subsection 5, Excluded amounts - home equity conversion (member of a couple)
• subsection 6, Home equity conversion (amount owed)
• subsection 7, Home equity conversion (principal home)

Financial assets and income streams

Social Security Act 1991, section 9, Financial assets and income streams definitions

Homeowner and principal home

Social Security Act 1991

• section 11, Assets test definitions
• subsection 4, Homeowner