Income Protection Allowance

What is it? An allowance against income for the basic costs of maintaining family members in the home. The allowance is based upon consumption and other cost estimates of the Bureau of Labor Statistics for a family at the low standard of living.

Added By: Peyton

Send To Friends!

If you'd like to send the Income Protection Allowance definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Income Protection Allowance. If you need any more information on this term, please don't hesitate to contact us.