Presumed Maximum Value Rule

October 25, 2015 - Less than a minute read

Similar to the one-third reduction rule, i.e., a recipient’s SSI monthly cash payment is reduced by one third of the federal benefit rate, but with significant differences. The PMV rule can be rebutted, by showing that the actual value is less than one-third of the FBR. The in-kind support can also be sheltered under a PASS