income cap
Maximum allowed wages
An income cap is a limit on how much money someone can earn while remaining eligible for a benefit, program, or category.
Government assistance programs typically have income caps: Families earning above the income cap don't qualify for subsidized housing.
The term also applies to salary limits in sports leagues or executive compensation schemes.
- means testEvaluation of financial eligibility
- phase-outGradual discontinuation process
- eligibilityState of meeting criteria
- welfare cliffSudden aid loss threshold
- tax bracketTaxable income category
social security · contribution limit · disability · subsidy · sliding scale · entitlement · disqualification · clawback · upper bound · cutoff point · means-tested
- public assistancefood stamps, welfare office, public housing, cash aid, disability benefits
- capsceiling, price ceiling, rent ceiling, debt ceiling, debt limit
- budget limitsbudget cut, budget cuts, spending limits, spending freeze, tight budget
- income levelsupper class, middle class, lower class, poverty line, poverty level
upper vs. lower limit
income capminimum wage
Lowest lawful hourly rate
minimum income · living wage · poverty threshold · basic income · poverty line
income, cap, incomes, caps, capped, capping, come, comes, came