earned income

American  

noun

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

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earned income British  

noun

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

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Etymology

Origin of earned income

First recorded in 1880–85

Example Sentences

The IRS traditionally says it takes three weeks for processing, and there’s a built-in pause to prevent fraud for returns claiming the Earned Income Tax Credit, which are scheduled to land no earlier than March 2.

From MarketWatch

When you retire, you give up earned income and begin relying on what you saved throughout your career — in this case, your $830,000 in assets.

From MarketWatch

You can keep contributing to a Roth IRA as the spouse of a working person, because the main rule for the contributions is that they have to come from earned income.

From MarketWatch

You also have to have enough combined earned income to be equal to or exceeding the total contributions you both make.

From MarketWatch

I plan to use trust funds to contribute to a Roth IRA once my relative has earned income.

From MarketWatch