Understanding Earnable Income: What It Is and Why It Matters

Earnable refers to the amount of money or income that an individual can earn through their own efforts, such as through a job, business, or investments. It is the amount of money that an individual can earn by working and producing value in the economy.

For example, if someone has a salary of $50,000 per year, they have an earnable income of $50,000. If they also have other sources of income, such as investments or a side business, they may have an even higher earnable income.

It's important to note that earnable income is not the same as total income. Total income includes all sources of income, including gifts, inheritances, and other forms of wealth that are not earned through work. Earnable income is a more specific measure of an individual's income that is based on their own efforts and productivity.