Respuesta :
This assertion is untrue because strivers prioritize self-sufficiency and family the most, according to consumer segmentation identified by VALS, formerly known as Values and Lifestyles.
What is considered discretionary income?
Regarding the Income-Contingent Repayment Plan, discretionary income is the sum of your annual income less 100% of the federal poverty level for your family size and location. Updates to the poverty guidelines are made by the US Department of Health and Human Services. Income available for spending is total personal income less current income taxes. Disposable personal income is the term used in national accounts to describe personal income less personal current taxes.
How is discretionary income determined for student loans and what's the difference between income and discretionary income?
Your yearly income plus 150 percent of it is your discretionary income for the purposes of the Income-Based Repayment Plan, the Pay As You Earn Repayment Plan, and loan rehabilitation. % of the state's and your family's applicable federal poverty threshold.
The amount of net income that a household or individual has left over after income taxes that they can use to invest, save, or spend. Your disposable income is the sum you really take home each pay period. Discretionary income is the sum of all obligatory payments less all other revenue.
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