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Federal Poverty Level

   Also found in: Acronyms 0.01 sec.
Federal Poverty Level
The minimum yearly income that a person or family needs in order to provide for its basic needs. The Department of Health and Human Services calculates the Federal Povery Level and publishes it each February. The actual dollar amount varies according to family size. Different agencies of the U.S. Government use the FPL in determining eligibility for certain programs, notably TANF and Medicaid.


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SUBSIDIES: Tax credits for individuals and families likely making up to 400 percent of the federal poverty level, which computes to $88,200 for a family of four.
SUBSIDIES: Tax credits for individuals and families likely making up to 400 percent of the federal poverty level, which computes to $88,200 for a family of four.
Those who aren't immediately eligible under federal poverty level
 
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