HRS §257-7
How savings accounts are protected for benefits
This section says the Department of Human Services must work with organizations that manage individual development accounts. Money in these accounts, including interest, will not count against you when the department decides if you qualify for benefits or services. The department must make rules that match these accounts.
beneficiariesstate agencies
The statute, as written — Assets; disregarded
The department of human services shall collaborate with individual development account fiduciary organizations to ensure that the accounts as provided for in this chapter, including any earned interest, shall be disregarded in the determination of benefits or eligibility for services account holders may receive from the department of human services as allowed by federal and state laws and regulations. The department of human services shall establish rules to be aligned with individual development accounts.
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