2 ms·
Pedantic point but you can be above the federal poverty level while still qualifying for Medicaid/SNAP. The Federal Povery Level for 2024 is $15,060. Assuming
by vel0city 2y ago
Pedantic point but you can be above the federal poverty level while still qualifying for Medicaid/SNAP.
The Federal Povery Level for 2024 is $15,060. Assuming 1,720 hours a year for full-time employment, that's just under $8.76/hr.
The federal minimum wage is still $7.25/hr. So, the ultimate takeaway is in most states in the US working full time employment at the minimum wage of the state you will be below the FPL.
One important thing to think about though is what percentage of low wage full-time jobs are actually still at the federal minimum wage?
- jononor 2y agoAdd a couple of kids (single parent) and the picture looks much worse.