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Answer» Hi
good morning
Disposable INCOME, sometimes CALLED disposable personal income (DPI), is the total earnings a household makes that are available to save or spend after taxes have been paid. In other words, it’s a household’s take HOME pay after taxes and other employee deductions have been taken out of their paychecks.
What is the definition of disposable income? Disposable personal income is the amount of money that you receive in your paycheck. This amount is net of any income taxes, payroll taxes, health care deductions, retirement savings deductions, and other items taken out of your paycheck like cafeteria plans. This is your take home pay that you can CHOOSE to spend or save.
hope it helps u
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