earned income

Definition of "earned income"
  1. Money received as payment for work or services, like wages, commissions, or tips
How to use "earned income" in a sentence
  1. Even though she worked only part-time, her earned income was still taxed.
  2. They planned to use their earned income to pay off their mortgage more rapidly.
  3. Their financial advisor helped them optimize their earned income for retirement.

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