Federal poverty level (FPL),
Definition of Federal poverty level (FPL):
A government defined set minimum income that a family needs to acquire necessities for living (such as food and shelter). Federal poverty guidelines are issued yearly by the Department of Health and Human Services and used administratively to determine benefits levels allowed by federal programs. The poverty level may vary by state. The numbers are inflation adjusted and based on the more complex poverty threshold figures that are the published by the Census Bureau each year.
It is also known as Federal Poverty Guidelines.
The Federal Poverty Level (FPL), or the "poverty line" is an economic measure that is used to decide whether the income level of an individual or family qualifies them for certain federal benefits and programs. The FPL is the set minimum amount of income that a family needs for food, clothing, transportation, shelter, and other necessities.
Meaning of Federal poverty level (FPL) & Federal poverty level (FPL) Definition