Department of Human Services Food Stamp Online Policy Manual Exempt Resources	Revised:
15.20	EDUCATIONAL ACCOUNTS (EFFECTIVE 10-1-08)	Food Stamp Table of Contents

1240-1-4-.05(20)	Two types of education savings accounts that currently receive tax-preferred status under the federal tax code are shown below. These accounts are exempt resources for Food Stamps. · Section 529 qualified tuition programs, which allow owners to prepay a student’s education expenses or to contribute to an account to pay those expenses, and · Coverdell education savings accounts (Section 530), an IRA type of account designed to pay a student’s education expenses.	Glossary of Terms
	Food Stamp Table of Contents