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Cashing out IRA to become eligible for food stamps? - Page 2  

post #21 of 23
In MN, I do not qualify for FS because of my savings acct. My car doesn't count against me and i'm 'on the edge' of the income guideline....even though I pay half of my income in rent. Half.

There are additional qualifiers imposed by the state.
post #22 of 23
I didn't think full time students qualified for FS. This is interesting.
post #23 of 23
I would say that you should use the money you have first. I would pay on your college tuition or buy a car if needed as suggested by the previous poster, and use the money to live off while in college. I am all for savings, but if you have the money, why not use it?? We have had to cash out 401ks before to make ends meet and to stay off of public assistance, so I know how it is.
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Mothering › Forums › Natural Family Living › The Mindful Home › Frugality & Finances › Cashing out IRA to become eligible for food stamps?