Common use of Compensation for Eligibility Clause in Contracts

Compensation for Eligibility. You are eligible to contribute to your IRA if you have compensation (also referred to as earned income). Common examples of compensation include wages, salary, tips, bonuses, and other amounts received for providing personal services, and earned income from self-employment. Compensation does not include earnings and profits from property such as dividends, interest, or capital gains, or pension, annuity, or deferred compensation plan amounts.

Appears in 5 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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