Determining the Member’s Available Income Sample Clauses

Determining the Member’s Available Income. The PO determines the amount of available income the member has to pay for room and board, using procedures specified by the Department. The Room and board obligation calculation is not pro-rated for partial months. The PO may collect from the member the room and board for actual days in residence.
Sample 1Sample 2
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Determining the Member’s Available Income. The MCO determines the amount of available income the member has to pay for room and board, using procedures specified by the Department. Room and board is not pro-rated for partial months.
Sample 1

Related to Determining the Member’s Available Income

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

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