To amend the Fair Labor Standards Act of 1938 to provide protections for employees receiving tips, and for other purposes.

Tip Income Protection (TIP) Act of 2018 This bill amends the Fair Labor Standards Act of 1938 with respect to the definition of wage to provide that except in the case of the pooling of tips, all tips received by any employee, including an employee that is not a tipped employee, shall be the property of, and retained by, the employee, including in the case of an employer that pays a tipped employee a cash wage that equals or exceeds the minimum wage.