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Sources of Income
There are more income sources than you may realize:
• Wage income you ear from employers• Entrepreneurial income earned from
owning your own business• Dividend income is a distribution of
dividends, interest and short-term capital gains paid by an investment company to its shareholders.
• Interest income is extra money in your account that your financial institution pays you for keeping your money at that institution.
There are more income sources than you may realize:
• Rental income is money derived from rental properties.
• Social Security is monthly payments to people who have low income and few resources and are age 65 or older, blind or disabled.
• Disability income from an insurance plan that insures your income in the event you become disabled by a short-term or long-term disability.