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  2. Earned vs. Unearned Income: Do You Really Know the Difference?

    www.aol.com/earned-vs-unearned-income-really...

    Earned income: Earned income is derived from active participation in work or business activities. It includes wages, salaries, self-employment income, and profits generated through active labor.

  3. Personal income - Wikipedia

    en.wikipedia.org/wiki/Personal_income

    Earned income: Earned income is the money an individual receives as direct payment for work or services rendered. It includes wages, salaries, and other compensation earned through active employment. It includes wages, salaries, and other compensation earned through active employment.

  4. Contingent work - Wikipedia

    en.wikipedia.org/wiki/Contingent_work

    Contingent work, casual work, gig work or contract work, is an employment relationship with limited job security, payment on a piece work basis, typically part-time (typically with variable hours) that is considered non-permanent. Although there is less job security, freelancers often report incomes higher than their former traditional jobs.

  5. Casual employment (contract) - Wikipedia

    en.wikipedia.org/wiki/Casual_employment_(contract)

    if the employee is paid a casual loading (a higher pay rate for being a casual employee), or a specific pay rate for casual employees. [ 1 ] [ 2 ] Under the National Employment Standards , certain casual employees (who have worked for at least 12 months and worked a regular pattern of hours for the last six months) have a right to be offered or ...

  6. Earned Income Tax Credit: Find Out if You Qualify - AOL

    www.aol.com/earned-income-tax-credit-qualify...

    Earned income can include wages, self-employment income, union benefits and more As a refundable tax credit, the EIC 2024 is designed to benefit those who make low to middle levels of income This ...

  7. Passive vs. Non-Passive Income: What's the Actual Difference?

    www.aol.com/finance/passive-vs-non-passive...

    The key to effective financial planning are two primary types of income: Passive and non-passive. It's important to understand both passive and non-passive income types that you may have and how ...

  8. Employee compensation in the United States - Wikipedia

    en.wikipedia.org/wiki/Employee_compensation_in...

    A "qualifying" deferred compensation plan is one complying with the ERISA, the Employee Retirement Income Security Act of 1974. Qualifying plans include 401(k) (for non-government organizations), 403(b) (for public education employers), 501(c) (3) (for non-profit organizations and ministers), and 457(b) (for state and local government ...

  9. What’s the Difference Between Active and Passive Income, and ...

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    Active income is the process of working for money and includes things like wages, salary, tips, commissions, freelance income, side hustle income and other work-related income. In most cases, you ...