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RA and OA Accounts

RA and OA Accounts. To demonstrate the effect of life- to- date accounting on account balances based on account type. Account Definition.

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RA and OA Accounts

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  1. RAand OA Accounts To demonstrate the effect of life- to- date accounting on account balances based on account type.

  2. Account Definition • RA account is conditionally assigned arrears. The RA account will contain only those arrearages which do not exceed the UPA. All payments applied to the RA account, disburse to the family with the exception of Federal Tax Offset payments. Ftax payments will be retained by the State to reimburse the state and federal government up to the UPA balance.

  3. UPA= $36,952.00 • Case type/subtype NA/FR Current SOA- $75.00/m • PA Balance = $5062.00 • CA Balance = $3849.00 • CC Balance = $75.00

  4. UPA = $36,952.00 • Case type/subtype changed to AF/AR Current SOA- $75.00/m • PA Balance stays $5062.00 • CA Balance moves to the OA account • OA Balance = $3849.00 • PC Balance = $75.00

  5. UPA = $36,952.00 • Case type/subtype changes back to NA/FR Current SOA- $75.00/m • PA Balance = $5062.00 • OA Balance moves to the RA account • RA Balance = $3849.00 • CC Balance = $75.00

  6. UPA = $36,952.00 • NA/FR CC= $75.00/m CA = $3849.00 PA = $5062.00 • AF/AR PC= $75.00/m OA = $3849.00 PA = $5062.00 • NA/FR CC=$75.00/m RA= $3849.00 PA = $5062.00

  7. UPA = $36,952.00

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