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Radiation Exposure Compensation Payments
The Radiation Exposure Compensation Act of 1990 provides payments to some individuals who were exposed to radiation during nuclear testing in Nevada during the 1950s and a brief period in 1962.
In addition, the Act covers some individuals employed in uranium mines during the period of January 1, 1947, to December 31, 1971.
Exempt
These payments are treated as exempt lump-sum income in the month of receipt and exempt as property beginning the month following receipt, indefinitely, as long as these funds are kept separately identifiable.
Reminder: Property purchased with these payments may or may not be exempt.
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