MYTH: If you have too many assets, you can’t get food stamps. FACT: Your household may have up to $2000 in assets. But some assets like your home and car do not count. Getting food stamp benefits also depends on your household size, income and some expenses, like child support and housing and childcare costs.
MYTH: You can’t get food stamps if you own a car. FACT: You can get food stamp benefits, even if you own a car. Your home and car and personal things, like clothes, jewelry, furniture, and household goods also do not count.
MYTH: You can’t get food stamps if you have a savings account FACT: Your household may have up to $2000 in assets. You can still get food stamp benefits even if you have small savings. If you have a retirement account, checking account, savings account, cash, certificates of deposits, stocks, and bonds, you may still be able to get food stamp benefits.