earned income

noun

1. income from wages, salaries, fees, or the like, accruing from labor or services performed by the earner.

earned income

noun

1. income derived from paid employment and comprising mainly wages and salaries

Word History and Origins

Origin of earned income¹

First recorded in 1880–85

Example Sentences

He also authored two opinions on a federal agricultural program from which he, as a farm owner, had earned income, while disclosing his participation in the program in court.

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Many financial planners recommended contributing to custodial Roth IRAs once grandchildren have earned income and emphasized the power of decades of tax-free compound growth and tax-free income later in life.

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Contributions must come from the child’s earned income from a job, and total contributions can’t exceed the child’s earnings or the annual IRS limit, whichever is less.

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A grandparent can gift the dollars that the child then contributes — as long as the child has at least that much earned income.

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"We need to tax unearned wealth as much as we tax earned income," he added.

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