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- Dictionarydisposable income
noun
- 1. income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes: "the rents of tenants in work reached 21 per cent of disposable income"
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Jun 18, 2024 · Disposable income is the amount of money that an individual or household has to spend or save after federal, state, and local taxes and other mandatory...
Disposable Income is the money that is available from an individual’s salary after he/she pays local, state, and federal taxes. It is also known as disposable personal income or net pay. The disposable income of a household includes earnings plus unemployment benefits and capital income.
Jan 3, 2019 · Disposable income, also known as disposable personal income (DPI) or net pay, is the amount of money you have left over from your total annual income after paying all direct federal, state, and local taxes.
disposable income, that portion of an individual’s income over which the recipient has complete discretion. An accurate general definition of income is not easy to provide. Income includes wages and salaries, interest and dividend payments from financial assets, and rents and net profits from businesses.
Discretionary income is disposable income (after-tax income), minus all payments that are necessary to meet current bills. It is total personal income after subtracting taxes and minimal survival expenses (such as food, medicine, rent or mortgage , utilities, insurance, transportation, property maintenance, child support, etc.) to maintain a ...
Jan 31, 2023 · Disposable income, also known as disposable personal income (DPI), translates to your residual take-home salary, i.e., what's left after completing all your income tax obligations. A household's disposable income means the amount available to them.
Aug 21, 2020 · Disposable income, also known as net pay, refers to the income that’s left for personal spending after direct taxes, such as federal and state income taxes, have been accounted for. It is a key concept in personal budgeting and economic policy.
