Examlex
Because the cost driver is the same for the fringe benefits of life insurance and pension benefits cost is the same, those costs can be aggregated into one homogeneous cost pool.
Tax Liability
The total amount of tax that an individual or business is legally obligated to pay to a taxing authority.
Premium Tax Credit
A refundable credit that helps eligible individuals and families cover the premiums for their health insurance purchased through the Marketplace.
Household Income
Represents the total gross income of all members of a household, encompassing all sources of income including salaries, bonuses, dividends, and any other income streams before taxes.
Federal Poverty Level
A measure of income issued annually by the Department of Health and Human Services used to determine eligibility for various federal and state assistance programs.
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