Discretionary income is what someone has left over for saving or spending after taxes and living expenses have been paid. A person’s discretionary income is what they have left over from their ...

The 5th Circuit has determined how "projected disposable income" is to be calculated in Chapter 13 bankruptcies, an important ruling that could mean debtors pay more or less to their unsecured ...

If most Americans have anything in common, it's the desire to increase their income and pay fewer taxes -- in other words, to increase their disposable income. Increasing disposable income can be life ...

Stretching a paycheck beyond the basics is becoming harder for many Americans. After covering taxes and essential expenses, the disposable income that is left impacts a household’s ability to save, ...