Assessing and coding the Income and Assets Mod iA 106-07100070

The MOD iA is used to get information about a customer's (and/or their partner's) income and assets.

The form is issued when the customer's income and assets are needed, normally claims only.

The MOD iA form has questions about income as follows:

• gross money earned from employment
• rent or board received
• compensation or damages
• income replacement insurance (personal accident and sickness insurance)
• income from life interests
• gratuities
• income from other Australian Government departments
• income from trusts
• income from a business
• payments from income stream products, such as annuities, allocated products and superannuation pensions

The MOD iA form has questions about assets as follows:

• cars
• boats
• caravans
• some of the money received from a loan secured against a home
• home furniture
• jewellery
• gold/silver bullion
• stamp collections
• money in bank, building society or credit union accounts
• shares, bonds or debentures
• money in trust or insurance accounts
• money in other financial institutions
• money that has been loaned
• superannuation or rollover investments for customers of Age Pension age
• income stream products

The MOD iA requests supporting documentation to be provided to confirm the income and investments declared.

Verification of income and asset information may be required. See Verifying income and assets.