How Much Money Can You Have In The Bank And Still Get Food Stamps In Texas?
In this resource guide, I will explain how much money you can have in your bank account and still qualify for food stamps in Texas.
You can have savings in your bank account and qualify for Texas food stamps, however, there is a limit to the income you can have in the bank.
If you are considering applying for food stamps in Texas and have some savings in your bank, this article will help you to understand if you could potentially qualify for SNAP benefits.
How Much Can You Have In Savings And Qualify For Texas Food Stamps?
You can have no more than $2,001 or $3,001 in your bank account and still get food stamps in Texas. The amount will depend on whether or not you have someone 60 and older or someone with a disability in your household.
- If you do not have anyone 60+ or with a disability, you can have no more than $2,001 in your bank account.
- For households with someone 60 and older or with a disability (yourself, a spouse, child, or parent) you can have no more than $3,001.
What Are The Asset Limit Tests For Food Stamps In Texas?
An asset limit test looks at the values of things you own like bank accounts, vehicles, and homes and uses this to determine if you qualify for food stamps or not.
While you can have a bank account, a home, and a car, the value of these things cannot exceed the asset limit for the Texas SNAP program.
Below is a table that describes the asset limits in Texas that you cannot exceed if you want to qualify for food stamps:
| Asset | Description |
| Cash and Bank Accounts | You must have less than $2,001 or $3,001 in cash, a retirement account, stocks/bonds, or money in your bank account to qualify for stamps in Texas. The amount is based on whether or not you have someone 60 and older or someone with a disability in your home. If you do have one of these individuals the amount is $3,001 that you cannot exceed. |
| Vehicles | You can own a vehicle and receive stamps. The vehicle must have a value of less than $15,000. If you have a second vehicle, that car or truck can be no more than $4,650 in value. |
| Your Home | The will not count your home as an asset, therefore you can own a home and get stamps in Texas. If you own a second home, it will however be subjected to the asset test. |
How Much Money Can I Make A Month And Qualify For Food Stamps In Texas?
In addition to there being a limit of how much money you can have in the bank, there is also a monthly income limit you must fall under to qualify for SNAP benefits.
The income limit for food stamps varies depending on the size of your family. A household of one can make no more than $1,775 per month. The food stamp allowance for a family of three would be no more than $3,020 in earnings per month.
The table below shows you what is the maximum monthly income you can have and still potentially qualify for Texas food stamps.
| Household Size | Monthly Income Limit For Texas Food Stamps |
| 1 | $1775 |
| 2 | $2396 |
| 3 | $3020 |
| 4 | $3644 |
| 5 | $4268 |
| Each additional person. | $625 |
Conclusion
To qualify for Texas food stamps you can have no more than $2,001 or $3,001 in your bank account. The amount depends on the individuals who live in your household.
Essentially if you have a senior citizen who is 60 years and older or someone with a disability (you, a spouse, parent, or child) you cannot exceed $3,001 in a bank account.
If you lack someone 60+ or someone with a disability you can have no more than $2,001 in your savings account.
These are the dollar amounts that you must not exceed to pass the asset limit test for Texas SNAP benefits.
To learn more about the amount of money you can have in a bank account and still get food stamps in Texas, you are encouraged to visit your local food stamp office, call 877.541.7905 or visit the Texas Health and Human Services website.
Similar Articles That May Interest You:
- What Is The Income Limit To Qualify For Texas Food Stamps?
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- Emergency Food Stamps Texas: How To Qualify For SNAP Benefits And Received Them In Less Than 24 Hours
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- How To Find A Texas Food Stamp Office To Apply For SNAP Benefits
Nick Bryant is the author of Understanding Healthcare Is Half The Battle and a Senior Counselor with 13+ years of experience working in community health and mental health. He enjoys spending time with his family, watching WWE on Friday nights, and working toward a Google Data Analytics certification. If you have additional questions about community resources or government assistance programs, simply leave a comment below and he will follow up as soon as possible.
