Exempts IRAs and Roth IRAs in the calculation of household benefits under public assistance programs

This bill exempts Individual Retirement Accounts (IRAs) and Roth IRAs from being counted as assets when determining eligibility for New York public assistance programs like food stamps or cash aid. It directly affects households receiving these benefits by preventing retirement savings from reducing their assistance amounts. The key provision adds IRAs and Roth IRAs to a list of already exempt resources (such as primary homes and limited vehicle funds) under Section 131-n of the Social Services Law. This change ensures retirement savings are not factored into household asset calculations for public assistance eligibility. The exemption applies immediately but is tied to the expiration of the underlying section.